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The tax rate on the last dollar of income earned is called the ____________, and the highest that rate ever went was _________, which occurred

The tax rate on the last dollar of income earned is called the ____________, and the highest that rate ever went was _________, which occurred back in the 1940's and 1950's. a. proportional tax rate; about 15% b. regressive tax rate; about 25% c. marginal tax rate; about 90% d. capital gains tax rate; about 56%

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Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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