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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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