The marginal tax rate is
A) the amount of taxes paid as a percentage of income.
B) the amount of per-capita taxes paid.
C) the amount of taxes paid as a percentage of gross domestic product (GDP) .
D) the fraction of each additional dollar of income that must be paid in taxes.
Correct Answer:
Verified
Q119: A tax imposed by a state or
Q120: In 2016, over 75 percent of the
Q121: Table 18-9 Q122: An income tax system is _ if Q123: The excess burden of a tax Q125: The average tax rate is calculated as Q126: According to the ability-to-pay principle of taxation Q127: According to the benefits-received principle of taxation Q128: The horizontal-equity principle of taxation is not Q129: Horizontal equity means that two people in
A)measures the
A)total
A)individuals
A)individuals
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