All categories

3 years ago

The marginal tax rate is equal to the:_______

Business

1 answer:

den301095 [7]3 years ago

6 0

Answer:

D) change in the person's tax payment divided by the change in the person's taxable income.

Explanation:

The marginal tax rate is a form of progressive tax because the tax payment increases as income increases.

The marginal tax rate measures the extra amount of tax you have to pay for each additional dollar of income. In this sense, the marginal tax rate is theoretically 1 at maximum because you cannot tax someone at a rate over 100% of their income.

The formula is:

Marginal tax rate = ΔTax Payable/Δ Taxable income

Where Δ means "change"

You might be interested in

Management at the SAS Institute, which sells packaged database and analysis software, says, "The investments we make in employee

Setler79 [48]

Answer:

Work-life balance

Explanation: Work-life balance is a term used to describe the various processes and actions involved in order to ensure that both the time and Activities done at work have little or no interference with the Activities not connected with work such as one's Social,family and personal Activities. It also entails the amount of time spent at work is equal to the amount of time spent outside work.

3 0

4 years ago

Budgeting for home maintenance early can save money in the long run. why save early compared to later, especially if the home is

Leviafan [203]

Although home maintenance is unpredictable, it is crucial to complete it on time to avoid property damage that will need to be repaired.

What kind of maintenance does a house need?

To keep a home safe and functional, it needs to be maintained both internally and externally, as well as regularly cleaned and inspected.
Raking leaves and closing the pool are examples of seasonal maintenance that caters to the weather and usage needs.
Throughout the lifespan of your home, appliances and utilities need to be inspected and repaired.

What is the importance of maintenance?

Maintenance is a crucial component of quality assurance and, in some cases, determines a company's long-term success.
Resources that have not been properly maintained can lead to instability and force a production halt.

Learn more about Home maintenance

brainly.com/question/1357010

#SPJ4

7 0

2 years ago

Suppose the nation of Sugarland consists of 50,000 households, 10 of whom are sugar producers. Arguing that the sugar industry i

Zinaida [17]

Answer:

1. $2 per household per year

2. $2,500 per sugar producer per year

Explanation:

The computation is shown below:

1. The gross cost per household per year is shown below:

= Loss in consumer surplus due to the tariff ÷ Total number of households

= $100,000 ÷ 50,000 households

= $2 per household per year

2. The policy's benefit is

= Total gain in producer surplus ÷ number of sugar producers

= $25,000 ÷ 10 sugar producers

= $2,500 per sugar producer per year

7 0

4 years ago

County Title Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In per

Rudik [331]

Answer:

A) if the mistake involves a material fact

Explanation:

Any party involved in the transaction, either Dale and Ezra, has the right to rescind the contract if the other party provided false information about a material fact that was relevant to the other party's intention of signing the contract. In contract law, a material fact is any fact that is important, significant or essential to any of the parties involved in a contract, e.g. size of a property, age of a property

6 0

3 years ago

Davis is planning to buy a bike. He has the full amount in his bank account. He does not want to pay any interest on his purchas

professor190 [17]

Answer:

Explanation:

7 0

3 years ago