Suppose taxes are related to income as follows

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Suppose taxes are related to income as follows

$1,000(Income) $200(tax)

$2,000(income) $350(tax)

$3,000(income) $ 450(tax)

What is the marginal rate on the 1st, 2nd and 3rd $1,000?

 

  • 11 years ago
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Suppose taxes are related to income as follows
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