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Author Question: A marginal tax rate of 47% on taxable income over $150 000 implies that (Read 15 times)

dekbert

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on: Oct 12, 2022
A marginal tax rate of 47% on taxable income over $150 000 implies that
◦ the average tax rate is also 47%.
◦ an individual with this taxable income would pay $70 000 in income tax.
◦ the income tax payable on any dollar earned above $150 000 is 47 cents.
◦ the tax system is progressive.
◦ the tax system is horizontally equitable.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by dekbert on Oct 12, 2022

BryanAultm

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dekbert

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Reply 2 on: Oct 12, 2022
Wow, this really help

pangili4

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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