Which tax rate measures the percent of your income paid in taxes?
A) the marginal tax rate
B) the average tax rate
C) progressive tax coefficient
D) the excise tax rate

Name: Which tax rate measures the percent of your income paid in taxes? A) the marginal tax rate B) the average tax rate C) progressive tax coefficient D) the excise tax rate
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Question

Quizplus · Accepted Answer

The average tax rate measures the percent of your total income that is paid in taxes, calculated by dividing the total tax paid by the total income.

Which Tax Rate Measures the Percent of Your Income Paid