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Congress would like to increase tax revenues by 10 percent Assume that the average taxpayer in the United States earns $65,000 and pays an average

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Congress would like to increase tax revenues by 10 percent Assume that the average taxpayer in the United States earns $65,000 and pays an average tax rate of 15 percent a. If the income effect is in effect for all taxpayers, what average tax rate will result in a 10 percent increase in tax revenues? (Round your answer to 2 decimal places.) age tax rate b. This is an example of what type of forecasting? O Static 0 Dynamic

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