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The nation of Fishkasar has a tax rate of 5% on the first 20,000wallops (the national currency) fo taxable income, then 20% on thenext 30,000 wallops, then 50% on all taxable income above the50,000 wallops. Fishkasar provides a 5,000-walop exemption perfamily member.c) Suppose that Fishkasar changed its tax code to a flat taxrate of 30% with an 10,000-wallop per family member exemption.Would this change in the tax system make the system moreprogressive, more regressive, or neither?