Define Vertical Equity and Horizontal Equity

question 75

Essay

Define vertical equity and horizontal equity.How do tax loopholes sometimes create vertical and horizontal inequity?

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Definitions:

Decoded

Translated or interpreted from a coded or obscure form into a comprehensible or clear form.

Communication Environment

The physical and psychological context in which communication occurs, including all relevant stimuli and barriers.

Context

The physical, historical, and psychological environment in which communication.

Physical

Relating to the body as opposed to the mind or spirit, or pertaining to things perceived through the senses as opposed to abstract concepts.