The marginal tax rate is: A. the difference between the total tax rate and the average tax
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Question:
The marginal tax rate is:
A. the difference between the total tax rate and the average tax rate. B. the percentage of total income paid as taxes. C. total taxes / total taxable income. D. change in taxes / change in taxable income.
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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