Suppose that Congress passed a new tax system such that all federal,provincial,and municipal taxes were replaced with one tax: a tax of $14 000 for every person 18 and over.This new tax system would clearly improve:

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This new tax system would improve tax efficiency because it simplifies the tax system by replacing multiple taxes with one flat tax for every person over 18. However, it does not necessarily improve tax fairness or equity, as it does not take into account income levels or ability to pay. Additionally, while it may increase government revenue, this is not necessarily a guaranteed outcome as it depends on how many people are subject to the tax and their willingness or ability to pay it.

Suppose That Congress Passed a New Tax System Such That