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Author Question: If a taxpayer's total tax liability is $30,000, taxable income is $100,000, and economic income is ... (Read 67 times)

Starlight

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Question 1

A taxpayer's average tax rate is the tax rate applied to an incremental amount of taxable income that is added to the tax base.
◦ true
◦ false

Question 2

If a taxpayer's total tax liability is $30,000, taxable income is $100,000, and economic income is $120,000, the average tax rate is 30 percent.
◦ true
◦ false


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Marked as best answer by Starlight on Sep 13, 2020

fwbard

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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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Starlight

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)


essyface1

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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