It is true that the payoff from a dollar spent on tax avoidance is ________ when tax rates are ________ than when they are ________.

Name: It is true that the payoff from a dollar spent on tax avoidance is ________ when tax rates are ________ than when they are ________.
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Question

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The payoff from tax avoidance is higher when tax rates are high because the potential savings from avoiding taxes are greater. Conversely, when tax rates are low, the incentive and payoff for avoiding taxes decrease.

It Is True That the Payoff from a Dollar Spent