Question
Which statement is true? Average Tax Rate is generally higher than marginal tax rate. IF you are in the lowest tax bracket your marginal tax
Which statement is true?
| Average Tax Rate is generally higher than marginal tax rate. | ||
| IF you are in the lowest tax bracket your marginal tax rate and average tax rate are equal. | ||
| Most people pay over 50% in federal income tax. |
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The Finance Book
Authors: Stuart Warner, Si Hussain
1st Edition
1292123648, 978-1292123646
