What principle does vertical equity represent in taxation?

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Individuals with the same capacity to pay should face identical tax obligations.People who gain the most from public services ought to contribute higher taxes.Tax burdens should differ among those with equal payment ability.Those possessing a higher ability to pay are expected to contribute more in taxes.

Explanation

Vertical equity is the concept that taxpayers with greater financial capacity should bear a larger share of the tax burden, ensuring that those who can afford more contribute accordingly.