Briefly Explain the Difference Between Horizontal and Vertical Tax Equity

question 21

Essay

Briefly explain the difference between horizontal and vertical tax equity.

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Definitions:

Personal Conscious

The part of an individual's consciousness that consists of perceptions, thoughts, and feelings that are directly accessible to them.

Core Pattern

Fundamental and recurring behaviors, thoughts, or emotional responses that are central to an individual's personality or typical reactions.

Wishes

Expressions of desire or hope for something to happen, often implying a longing for change or fulfillment.

Ancestral Experiences

The events, practices, and cultural backgrounds of one's forebears, which can influence attitudes, behaviors, and genetics of subsequent generations.