Consider the Following Tax Rate Structure

Essay

Consider the following tax rate structure. Is it horizontally equitable? Why or why not? Is it vertically equitable? Why or why not? $$\begin{array} { l | r | r | r } \text { Taxpayer } & \text { Salary } & \text { Mun-Bond Interest } & \text { Total Tax } \\\hline \text { Diego } & 30,000 & 10,000 & 1,500 \\\text { Dora } & 50,000 & 5,000 & ? ? ? \\\hline\end{array}$$