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Consider the Following Tax Rate Structures

Question 72

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Consider the following tax rate structures.Is it horizontally equitable? Why or why not? Is it vertically equitable? Why or why not?
 Toxpayer  Salary  Total Tux  Lucy 40,000$4,500 Ricky 20,000$4,500 Ethel 40,000$4,500\begin{array} { | l | r | r | } \hline { \text { Toxpayer } } & { \text { Salary } } & { \text { Total Tux } } \\\hline \text { Lucy } & 40,000 & \$ 4,500 \\\hline \text { Ricky } & 20,000 & \$ 4,500 \\\hline \text { Ethel } & 40,000 & \$ 4,500 \\\hline\end{array}

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The tax rate schedule is horizontally eq...

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