Taxes1. Many scholars have set some standards to judge a system for taxation for its validity. How can you decide if a tax is good or bad?You can consider these five following principles for your Discussion. What do these issues mean? How do you think they matter?Adequacy Equity Exportability Neutrality SimplicityWhat other tax revenue systems could you consider? How do you think they would be better or worse?2. What role do taxes play in political issues?3. What is your opinion of a flat tax as some politicians have proposed?