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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 21
Explain why most people's marginal tax rate is higher than their average tax rate. Is a system in which average tax rates are higher than marginal tax rates regressive, proportional, or progressive?
Explanation
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Marginal tax rate:
In the progressive t...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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