What are the principles of fairness and equity

» holding to account is the process of requiring explanation and justification, but it is also about testing, forming a judgment, and if.Explaining fairness (leans resource 5.3)They govern the law of equity and are discretionary.Here the focus is on carrying out set rules in a fair manner so that a just outcome might be reached.Such principles are supposed to ensure procedures that generate unbiased, consistent, and reliable decisions.

» to be accountable is to be liable to explain or justify one's actions and decisions.For the economists among you, the analysis is in the link below, but more broadly interesting is the implications for family wealth.Principles of equity the body of the law of equity is preserved in the following twelve maxims.Those without dependents do not have a similar burden.» accountability is the process of explanation and justification.

Though we may not always follow it perfectly or completely, we tend to try to make our classrooms fair:If envy is a greater driver of behaviour than greed, then the principles of equity and fairness become all the more important when transitioning wealth within a family.Essentially, the ability to pay approach to fairness in taxation requires that burden of tax falling on the various persons should be the same.