Find . ​ ​

question 11

Multiple Choice

Find . ​ ​

---

Definitions:

Marginal Tax Rate

The rate at which an additional dollar of income is taxed, representing the percentage of tax applied to the last dollar earned.

Tax-Free

Tax-free describes goods, transactions, or income that are not subject to taxation by the government.

Taxed

Subjected to a financial charge or levy by a government on income, goods, or activities.

Progressive Tax

A tax system in which the tax rate increases as the taxable amount increases, resulting in those who have higher incomes being taxed at a higher rate.