Given the following tax structure: Taxpayer Mae Salary $ 30,500 Pedro $ 53,500 a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable based on the tax rate paid? (Round your final answer to nearest whole dollar amount.) Minimum tax Total tax $ 2,806 ??? b. This would result in what type of tax rate structure? Tax rate structure Progressive 4

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Given the following tax structure:
Taxpayer
Mae
Salary
$ 30,500
Pedro
$ 53,500
a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable based on the tax rate paid? (Round
your final answer to nearest whole dollar amount.)
Minimum tax
Total tax
$ 2,806
???
b. This would result in what type of tax rate structure?
Tax rate structure
Progressive
4
Transcribed Image Text:Given the following tax structure: Taxpayer Mae Salary $ 30,500 Pedro $ 53,500 a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable based on the tax rate paid? (Round your final answer to nearest whole dollar amount.) Minimum tax Total tax $ 2,806 ??? b. This would result in what type of tax rate structure? Tax rate structure Progressive 4
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