An average tax rate is calculated as
A) total taxable income × taxes paid.
B) total taxable income ÷ taxes paid.
C) taxes paid ÷ total taxable income.
D) (total taxable income - taxes paid) ÷ taxable income.
Correct Answer:
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Q93: The federal corporate income tax is
A)regressive.
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C)progressive.
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A)total
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A)the tax rate
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