what is the marginal tax rate in waxwania??

Marginal tax rate

a. What is the marginal tax rate in Waxwania? ____percent –The average tax rate? _____percent b. Suppose Waxwania is producing $600 of real GDP, …1 answer  ·  Top answer: Step 1 Average tax rate = (Tax paid / Taxable income)=> Average tax rate = (Tax revenue / Real GDP)—–Marginal tax rate = (change in tax paid / change …

Marginal Tax Rate vs Effective Tax Rate (Need To Know!)

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