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In 2016, the federal government increased the maximum federal tax rate applicable to individuals from 29 percent to 33 percent. Evaluate the increase of the
In 2016, the federal government increased the maximum federal tax rate applicable to individuals from 29 percent to 33 percent.
Evaluate the increase of the maximum federal tax rate on the basis of the qualitative characteristics of tax systems that are listed in your text.
Equity and fairness
neutrality
adequacy
flexibility
simplicity or ease compliance
certainty
balance between sectors
international competitiveness
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