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What do we mean by marginal tax rate?Why are the implicit marginal tax rates (including both taxes owed and loss of transfer benefits) of those
What do we mean by marginal tax rate?Why are the implicit marginal tax rates (including both taxes owed and loss of transfer benefits) of those with relatively low incomes so high?How does this influence income mobility and equality in the U.S.?How does the marginal tax rate influence the actions of all income earners in the U.S.? (6 pts.)
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