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28. Which of the following statements about marginal tax rates is true? AA taxpayer's marginal rate is generally lower than the average tax rate. B.As
28. Which of the following statements about marginal tax rates is true?
AA taxpayer's marginal rate is generally lower than the average tax rate.
B.As the marginal rate increases, the tax cost of an income-generating transaction decreases.
CAs the marginal rate increases, the tax savings from a deduction increases.
B. $6,500
D.All of these are true
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