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Consider the Following Tax Rate Structures

question 32

Essay

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


Definitions:

Breast Milk

The milk produced by human mammary glands, specifically designed to nourish infants with necessary nutrients for growth and development.

Excreted

The process by which waste products of metabolism are eliminated from an organism, usually through urine, feces, sweat, or exhalation.

Acetaminophen

A medication used to reduce fever and relieve pain.

Overdose

The ingestion or application of a drug or medicine in quantities greater than are recommended or generally practiced, often resulting in a toxic effect.

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