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The Chicago City Counsel is debating a new tax on tickets for Chicago Bears games. One alderman claims the following: In order to ensure vertical

The Chicago City Counsel is debating a new tax on tickets for Chicago Bears games. One alderman claims the following: "In order to ensure vertical equity, we should impose a tax of $5 per seat in luxury boxes and only $1 per seat in the normal stands". Is the alderman correct in his interpretation of the concept of vertical equity? Why or why not?

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