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BONUS (10 points) Consider the following tax rate structures. Taxpayer Lucv Ricky Ethel Salary 40.000 20,000 0,000 Total Tax S4.500 S4,500 S4.500 Is it horizontally

BONUS (10 points) Consider the following tax rate structures. Taxpayer Lucv Ricky Ethel Salary 40.000 20,000 0,000 Total Tax S4.500 S4,500 S4.500 Is it horizontally equitable? Why or why not? Is it vertically equitable? Why or why not

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