The total amount of taxes paid divided by before-tax income is the
a. rate of hysteresis.
b. median taxpayer rate.
c. average tax rate.
d. marginal tax rate.
Answer: C
The total amount of taxes paid divided by before-tax income is the
a. rate of hysteresis.
b. median taxpayer rate.
c. average tax rate.
d. marginal tax rate.
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