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Refer to the Above Data

Question 55

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Refer to the above data.If your taxable income is $4000,your average tax rate will be: A) 20 percent. B) 15 percent. C) 10 percent. D) 5 percent. At $4000 of taxable income your average tax rate is 15 percent (i.e. ,$600 tax paid/$4000 income) . Refer to the above data.If your taxable income is $4000,your average tax rate will be:


A) 20 percent.
B) 15 percent.
C) 10 percent.
D) 5 percent.
At $4000 of taxable income your average tax rate is 15 percent (i.e. ,$600 tax paid/$4000 income) .

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