Use the Table for the Question(s)below

question 80

Multiple Choice

Use the table for the question(s) below.
Consider the following historical top federal tax rates in the United States:
Personal Tax Rates
-In 2000,assuming an average dividend payout ratio of 50%,the effective tax rate for equity holders was closest to:

• A)69%.
• B)65%.
• C)55%.
• D)30%.

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Apply Ice

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