Consider the following tax rate structure. Is it horizontally equitable? Why or why not? Is it vertically equitable? Why or why not?
Definitions:
Lactate Fermentation
Fermentation pathway that produces ATP and lactate.
Alcoholic Fermentation
Fermentation pathway that produces ATP, carbon dioxide, and ethanol.
NADH
Nicotinamide adenine dinucleotide (NADH) is a coenzyme found in living cells that is used in energy production.
Alcoholic Fermentation
A biological process in which sugars are converted into cellular energy, producing ethanol and carbon dioxide as by-products, primarily by yeasts.
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