Final answer:
False. Regressive tax rate structures are not considered to be vertically equitable.
Step-by-step explanation:
Regressive tax rate structures are typically considered to be vertically equitable.
This statement is False.
Regressive tax systems, where people with higher incomes pay a smaller share of their income in tax, are not considered to be vertically equitable. They are actually considered to be the opposite - vertically inequitable. In a regressive tax system, the burden of the taxes falls more heavily on lower-income individuals, while higher-income individuals pay a smaller proportion of their income in taxes.