TSC sold the platters for $200,000 and the cups for $32,000. If relative market value is used to allocate the joint cost, what is the income earned for cups

Congressman patrick indicates that he is opposed to tax proposals that call for a flat tax rate because the structure would not tax those individuals who have the ability to pay the tax. discuss the position of the congressman, giving consideration to tax rate structures (e.g., progressive, proportional, and regressive) and the concept of equity.