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Consider the Following Tax Rate Structures

Question 104

Essay

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

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The tax rate schedule is horizontally eq...

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