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Congress would like to increase tax revenues by 5 . 5 percent. Assume that the average taxpayer in the United States earns $ 5 6

Congress would like to increase tax revenues by 5.5 percent. Assume that the average taxpayer in the United States earns $56,000 and pays an average tax rate of 20 percent.
Required:
If the income effect is in effect for all taxpayers, what average tax rate will result in a 5.5 percent increase in tax revenues?
Note: Round your answer to 2 decimal places.

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