What Is the Highest Rate of Taxation That One Pays

question 90

Multiple Choice

What is the highest rate of taxation that one pays on the last dollar he or she makes called?

• A) Progressive tax rate
• B) Regressive tax rate
• C) Marginal tax rate
• D) Tax liability rate
• E) Temporary tax rate

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Definitions:

Predominate

To be the strongest or main element; to have a dominating influence.

Major Organic Product

The primary product of an organic reaction that is formed in the greatest yield, determined by the mechanism and conditions of the reaction.

2-Methylheptane

An isomer of octane, a hydrocarbon molecule with a seven-carbon chain and a methyl group attached to the second carbon.

2-Methylhept-1-ene

An organic compound belonging to the class of alkenes, specifically an eight-carbon chain with a double bond at the first position and a methyl group at the second carbon.