The average tax rate is the
A) percentage of income paid in tax.
B) percentage of an additional dollar of income paid in tax.
C) total amount of taxes paid by an individual.
D) same as the marginal tax rate for a progressive tax.
E) average of the rates at which income and taxes increase.
Correct Answer:
Verified
Q40: Q41: The marginal tax rate equals 100 × Q42: The Goods and Services Tax in Australia Q43: If the average tax rate increases as Q44: If the average tax rate falls as Q46: The marginal tax rate is the Q47: A tax that has the same average Q48: If the average tax rate _ as Q49: If there is an income tax levied Q50: ![]()
A)
A) percentage![]()
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