Multiple Choice
Table 12-17
The following table shows the marginal tax rates for unmarried individuals for two years.
-Refer to Table 12-17. Suppose one goal of the tax system was to achieve vertical equity. While people may disagree about what is "equitable," based on the marginal tax rates given for the two years, which of the following statements is true?
A) Vertical equity is possible in both years.
B) Vertical equity is possible in 2009 but not in 2010.
C) Vertical equity is not possible in 2009 but is possible in 2010.
D) Vertical equity is not possible in either year.
Correct Answer:

Verified
Correct Answer:
Verified
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