1calculate the marginal tax rate mtr and average tax rate, Econometrics

+44 141 628 6080
[email protected]

1calculate the marginal tax rate mtr and average tax rate

Suppose the tax rates for single wage earners are:

00000 - 9999 = 0%
10000 - 19999 = 10%
20000 - 29999 = 22%
30000 - 39999 = 35%
40000 and above = 60%

1.)Calculate the marginal tax rate (MTR) and average tax rate (ATR) for a person earning $15,000 and one earning $35,000.

2.)Is this tax system progressive, regressive, or proportional? Describe fully

3.)Is it ever possible for the MTR = ATR? When?

4.)You earn $1,500,000. What is your MTR and ATR? How motivated are you to add to your income?

5.) Would you be in favor of a flat-tax rate system for income earners? Explain. Why would this not really simplify the tax system as many people argue?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Econometrics: 1calculate the marginal tax rate mtr and average tax rate

Reference No:- TGS0570196

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Econometrics

Q : Identify the atom whose electron configuration is ar3d74s2

Identify the atom whose electron configuration is [Ar]3d74s2. Write the one or two letter symbol for the element. How many unpaired electrons are there in the ground state of this atom

Q : You observe that a solid cube of some material floats on

You observe that a solid cube of some material floats on the surface of an oil puddle at a service station with 68.5% of its volume submerged

Q : The data owner pre-processes the data items by adding dummy

The data owner pre-processes the data items by adding dummy keywords so that each keyword matches the same number of data items

Q : Write the element symbol and charge how many unpaired

Write the element symbol and charge. How many unpaired electrons are there in the ground state of this ion

Q : 1calculate the marginal tax rate mtr and average tax rate

1.)Calculate the marginal tax rate (MTR) and average tax rate (ATR) for a person earning $15,000 and one earning $35,000. 2.)Is this tax system progressive, regressive, or proportional Describe fully 3.)Is it ever possible for the MTR = ATR When

Q : What would you do differently given your experience and

What would you do differently, given your experience and this analysis, to enhance the performance of the group and the satisfaction of its members?

Q : Write the condensed electron configurations using the noble

Write the condensed electron configurations using the noble gas convention for each of the ions in Kl, BaO, Rb2O, and AlCl3. Which of these ions are isoelectronic with Ar

Q : Describe the organizational starbucks buyers and consumers

Describe the organizational ( Starbucks) buyers and consumers of your product or service and the factors that influence their purchasing decisions. Discuss how these factors will affect your marketing strategy. about 400 words with reference.

Q : How do you think we can improve the process by which a

How do you think we can improve the process by which a computer randomly generates numbers and letters? Explain. Why is random seeding so important, and provide an example of how this is used every day?

1926021

Questions
Asked

3,689

Active Tutors

1441315

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Econometrics: 1calculate the marginal tax rate mtr and average tax rate

Reference No:- TGS0570196

Have a Question? (oR Write a Review)

Recent Questions Asked Econometrics

Q : Identify the atom whose electron configuration is ar3d74s2

Q : You observe that a solid cube of some material floats on

Q : The data owner pre-processes the data items by adding dummy

Q : Write the element symbol and charge how many unpaired

Q : 1calculate the marginal tax rate mtr and average tax rate

Q : What would you do differently given your experience and

Q : Write the condensed electron configurations using the noble

Q : Describe the organizational starbucks buyers and consumers

Q : How do you think we can improve the process by which a

Medication for postoperative nausea and vomiting

Child prescribed prednisone for exacerbation of asthma

What if a parent of hispanc origin informs nurse of plans

How health care reimbursement is delivered

How to improve overall health of elementary school children

How would you instruct the patient to taper off clonazepam

How to prevent interference with an intravenous infusion

Request for Solution File

Ask an Expert for Answer!!

Econometrics: 1calculate the marginal tax rate mtr and average tax rate

Reference No:- TGS0570196

Recent Questions Asked Econometrics

Q : Identify the atom whose electron configuration is ar3d74s2

Q : You observe that a solid cube of some material floats on

Q : The data owner pre-processes the data items by adding dummy

Q : Write the element symbol and charge how many unpaired

Q : 1calculate the marginal tax rate mtr and average tax rate

Q : What would you do differently given your experience and

Q : Write the condensed electron configurations using the noble

Q : Describe the organizational starbucks buyers and consumers

Q : How do you think we can improve the process by which a

Asked Questions