The Sharp Reduction in Marginal Tax Rates During the 1980s

question 55

Multiple Choice

The sharp reduction in marginal tax rates during the 1980s

• A) reduced the incentive of high-income Americans to work.
• B) increased the incentive of high-income Americans to utilize tax shelters.
• C) increased the unemployment rate of high-income Americans.
• D) increased the visible income of high-income Americans.

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