Why do economists place so much emphasis on the difference between average taxes and marginal tax rates?
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Why do economists place so much emphasis on the difference between average taxes and marginal tax rates? Under what circumstances might these two differ significantly? Are there any circumstances in which you might be particularly concerned about what the average tax rate is?
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Economists emphasize the difference between average taxes and marginal tax rates because they serve different purposes in understanding the effects of taxation and making informed policy decisions The...View the full answer
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Kalyan M. Ranwa
I have more than seven years of teaching experience in physics and mechanical engineering.
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Related Book For 
Economics Of The Public Sector
ISBN: 9780393925227
4th Edition
Authors: Joseph E. Stiglitz, Jay K. Rosengard
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