The average tax rate is
A) equal to the marginal tax rate if the tax is progressive.
B) the total tax rate minus the marginal tax rate.
C) the ratio of total taxes paid to total taxable income.
D) the tax rate that applies to incremental dollars of income.
Correct Answer:
Verified
Q35: Government lotteries are
A) used by a large
Q36: With respect to local finance,
A) death and
Q37: Taxes on commodities or on purchases are
Q38: An income tax is progressive if the
A)
Q39: Currently (2016) the marginal tax rates of
Q41: A tax that takes a larger proportion
Q42: In 2013, U.S. governments (local, state, and
Q43: The sales tax is a regressive tax
Q44: Assume that you pay $10,000 of tax
Q45: Assume you pay a tax of $4,000
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