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AP $1-1$ Application of qualitative characteristics

In $2016,$ the federal government increased the maximum federal tax rate applicable to individuals from $29\%$ to $33\%.$

Required: Evaluate the increase of the maximum federal tax rate based on the qualitative characteristics of tax systems that are listed in your text. For your convenience, the list of qualitative characteristics presented in the text is as follows:

Equity or fairness

Neutrality

Adequacy

Flexibility

Simplicity and ease of compliance

Certainty

Balance between sectors

International competitiveness