The average tax rate is the tax rate that is paid on the last dollar of income

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The average tax rate is

the tax rate that is paid on the last dollar of income earned

always higher than the marginal tax rate

calculated by dividing the total taxes paid by the taxable income

none of the above

Posted Date: Jun 07, 2024 08:15 AM

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The average tax rate is the tax rate that is paid on the last dollar of income

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