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What is the structure of the U.S. income tax system? A. The U.S. income tax system...

What is the structure of the U.S. income tax system?

A.

The U.S. income tax system is a progressive tax system where the marginal tax rate exceeds the average tax rate.

B.

The U.S. income tax system is a regressive tax system since higher income individuals pay a higher tax.

C.

The U.S. income tax system is basically a proportional tax system since all people with the same income pay the same tax.

D.

The U.S. income tax system only considers the average tax rate for an individual.

What is the structure of the U.S. income tax system? A. The U.S. income tax system is a progressive tax system where the marginal tax rate exceeds the average tax rate. B. The U.S. income tax system is a regressive tax system since higher income individuals pay a higher tax. C. The U.S. income tax system is basically a proportional tax system since all people with the same income pay the same tax. D. The U.S. income tax system only considers the average tax rate for an individual.

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Answer #1

a) The US tax system is progressive tax system where the marginal tax rate exceeds the average tax rate.

In the US as the income rises the marginal tax that the person has to pay also rises, making it progressive and here the marginal tax rate will be more than the average tax rate, the answer is "A".

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