10. The average tax rate is a) Total taxes divided by total income. b) the idea...
10. The average tax rate is
a) Total taxes divided by total income.
b) the idea that people must pay taxes according to the benefits they receive for government services.
c) a tax that is the same amount for everyone.
d) the amount that taxes increase for each additional dollar of income.
Homework Answers
Average tax rate is the amount of taxes that results when taxes are divided by total income. It is given by
Average tax rate = Taxes / taxable income.
Option A is correct.
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