Answered

Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Our Q&A platform provides quick and trustworthy answers to your questions from experienced professionals in different areas of expertise. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Which of the following is true about marginal and average tax rates?
A. In a regressive income tax system, the marginal tax rate is higher than the average tax rate.
B. In a proportional income tax system, the marginal tax rate is higher than the average tax rate.
C. In a regressive income tax system, the marginal tax rate is lower than the average tax rate.
D. None of the above is true.


Sagot :

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.