USE THIS INFORMATION FOR THE NEXT THREE QUESTIONS.
A federal tax table contains the following excerpt:
If taxable income is:

-What average tax rate does the person pay?

Question

USE THIS INFORMATION FOR THE NEXT THREE QUESTIONS.
A federal tax table contains the following excerpt:
If taxable income is:

-What average tax rate does the person pay?

Quizplus · Accepted Answer

The average tax rate is calculated by dividing the total amount of taxes paid by the total income. Without specific numbers provided in the question, it's not possible to calculate or determine the exact average tax rate. However, given the choices, if this answer is based on a common understanding or a specific context not provided in the question, 12% could be considered a plausible average tax rate for certain income ranges in some tax systems.