Given the Following Tax Structure, What Amount of Tax Would

question 22

Essay

Given the following tax structure, what amount of tax would need to be assessed on Carrie to make the tax horizontally equitable? What is the minimum tax that Simon should pay to make the tax structure vertically equitable based on Fantasia's tax rate? This would result in what type of tax rate structure? $\begin{array}{llcc} \underline{ \text {Taxpayer } } &\underline{ \text {Salary}}&\underline{ \text {Total Tax}} \\\\ \text {Fantasia } &20,000&1,500\\ \text {Simon } &30,000&2,000\\ \text { Carrie } &20,000&???\\\end{array}$

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