ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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What are the Average Tax Rates?

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Average Tax rate is the sum of total taxes paid divided by total taxable income. Under the progressive tax rate system, People with higher income have to pay higher percentage of tax. The average tax rate tells how much tax was paid overall.

 

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