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?
Definitions:
Employee Ownership
A business model where employees have a significant stake in the company, often through stock ownership plans, influencing its direction and sharing in its profits.
Business Decisions
Choices or resolutions made by the leadership of a company regarding its operations, strategy, and resource allocation.
Social Voice
The capacity of individuals or groups to express opinions, concerns, or demands in a social context, often to influence change or drive awareness.
Unionism
The movement or policy favoring the formation of labor unions to protect and further the rights and interests of workers.
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