Compared to the situation prior to 1980, the top marginal personal income tax rate imposed on the rich is now substantially
A) lower and so is the share of the revenue collected from them.
B) higher and so is the share of the revenue collected from them.
C) lower, but the share of the revenue collected from them is now higher.
D) higher, but the share of the revenue collected from them is now lower.

Question

Quizplus · Accepted Answer

The top marginal tax rates have generally decreased since 1980, but the share of revenue collected from the wealthy has increased due to broader tax bases and economic growth.

Compared to the Situation Prior to 1980, the Top Marginal