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GoodMad_ GoodMad_
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7 years ago
Under the current tax structure, an increase in wages that raises your taxable income and moves you into a higher tax bracket can
A) will definitely decrease your after-tax income.
B) will increase your marginal tax rate on your last dollar of earnings.
C) will leave your average tax rate unchanged.
D) will lower your marginal tax rate on your last dollar of earnings.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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7 years ago
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GoodMad_ Author
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#2
7 years ago
Another one bites the dust, as in, it's right Smiling Face with Open Mouth
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