The Milwaukee Bucks sell signed Giannis Antetokounmpo jerseys after each home game. It is well known that they are an incredibly expensive luxury good with an elasticity of demand of -4 . The state of Wisconsin wants to tax these jersey sales to raise part of the necessary revenue for the maintenance costs of the Fiserv Forum (the Bucks new arena). This proposed tax _________ violate the Ramsey Rule and would result in a _______ equitable tax system

a)Does ; more vertically

b)Does not ; less vertically

c)Does not ; more horizontally

d) Does ; less horizontally

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