Which of the Following Statements About Marginal Tax Rates Is

question 68

Multiple Choice

Which of the following statements about marginal tax rates is true?

• A)A taxpayer's marginal rate can change with every transaction.
• B)As the marginal rate increases, the tax cost of an income-generating transaction decreases.
• C)As the marginal rate increases, the tax savings from a deduction increases.
• D)Statements A.and C.are true.

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