Suppose a Taxpayer Has an Income of $70,000 and a Taxable

question 29

Multiple Choice

Suppose a taxpayer has an income of $70,000 and a taxable income of $60,000,and pays $9,000 in taxes.If the taxpayer says she is taxed at a 15 percent tax rate,she is referring to the

• A)Marginal tax rate.
• B)Nominal tax rate.
• C)Effective tax rate.

---

Definitions:

Value-Free Sociology

An ideal whereby researchers identify facts without allowing their own personal beliefs or biases to interfere.

Objectivity

Impartiality; the ability to allow the facts to speak for themselves.

Personal Beliefs

Individual convictions or acceptances of truth, which influence behaviors, attitudes, and values.

Worker Productivity

A measure of labor efficiency, calculating the output per worker over a specific period of time.