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Which Statement Correctly Characterizes High Marginal Tax Rates

Question 93

Multiple Choice
Which statement correctly characterizes high marginal tax rates A)They distort incentives to work. B)They are used to encourage saving behaviour. C)They will invariably lead to lower average tax rates. D)They are not associated with deadweight losses.

Which statement correctly characterizes high marginal tax rates


A) They distort incentives to work.
B) They are used to encourage saving behaviour.
C) They will invariably lead to lower average tax rates.
D) They are not associated with deadweight losses.

Correct Answer:

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