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Business, 20.10.2020 18:01 hannahsambrano12

Suppose the government imposes a tax of 10 percent on the first $20,000 of income, 20 percent on the next 40,000 of income and 30 percent on income above $60,000. For a person whose income is $90,000, the tax liability is and the marginal tax rate is .

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Suppose the government imposes a tax of 10 percent on the first $20,000 of income, 20 percent on the...
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