Question

The New York Times published an article about a man who claimed that his tax rate was 102 per-cent of his income [Stewart, 2012]. He computed this figure by taking the ratio of his tax payments to his taxable income. Comment on whether this is a meaningful way to measure one’s average tax rate. Include in your discussion a careful definition of the term taxable income.


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  • CreatedMarch 25, 2015
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