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A.Define progressive income tax .Briefly give a few numbers to explain it. B.Draw and use a utility function to verbally explain common reasoning for progressive
A.Defineprogressive income tax.Briefly give a few numbers to explain it.
B.Draw and use a utility function to verbally explain common reasoning for progressive income taxes (also known asvertical equity in taxation).
C.Draw and use an additional utility function (for another normal good) to verbally explain theflaw in the common defense of progressive income
taxes, from part B.
Please answer as part A,B and C separately.
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