Consider the Following Tax Rate Structures

question 49

Essay

Consider the following tax rate structures. Is it horizontally equitable? Why or why not? Is it vertically equitable? Why or why not? $$\begin{array} { | r | r | r | r | } \hline \text { Taxpayer } & \text { Salary } & \text { Mun-Bond Interest } & \text { Total Takr } \\\hline \text { Mort } & 20,000 & 5,000 & 4,000 \\\text { Lizzy } & 80,000 & 30,000 & ? ? ? \\\hline\end{array}$$

---

Definitions:

Community Resources

Local services and assets available to individuals and families to support well-being and meet personal or collective needs.

Database

Astructured set of data held in a computer or system, organized in such a way that it can be easily accessed, managed, and updated.

Self-Determination

The process by which a person controls their own life, especially the ability to make independent choices and decisions.

Assessment of Needs

The evaluation process used to determine the requirements or deficiencies of an individual or population.