Policymakers focus on marginal tax rate changes when making changes in the tax code because the marginal tax rate
A) determines how tax revenue will change as national income increases.
B) affects people's willingness to work, save, and invest.
C) always equals the average tax rate which is harder to measure.
D) determines how much revenue the government will have to spend.
Correct Answer:
Verified
Q85: Table 18-6 Q86: If the marginal tax rate is less Q87: The idea that two taxpayers in the Q88: Table 18-6 Q89: If the marginal tax rate is equal Q91: All of the following occur whenever a Q92: The largest percentage of federal income tax Q93: The federal corporate income tax is Q94: Gasoline taxes that are typically used for Q95: A marginal tax rate is calculated as
A)regressive.
B)proportional.
C)progressive.
D)unfair.
A)total
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