While most states have a graduated rate income tax, some state lawmakers have recently become enamored with the idea of moving toward flat rate taxes instead. Contrary to the claims of some flat tax proponents, flat taxes do not lead to lower taxes across the board. Flat taxes usually bring lower tax bills for high-income households, and, because of that, they produce less tax revenue than graduated taxes during times of rising inequality. Answer each of the below questions using the economic theory and concepts learned during class. Be sure to include explanations for your replies. A. Who is helped by a flat tax? Why? (Hint: Your answer should be low-income households, middle-income households or high-income households). B. Would a flat tax increase (worsen) or decrease (improve) income inequality in the US? Why? C. If the Biden administration aims to lessen the disparity in income by increasing funding for programs like TANF, SNAP and Medicaid; would you expect the government to run a budget deficit or budget surplus with a flat tax? Why