Question: 7) Does a taxpayer in the 33% tax bracket pay 33% of his or her earnings in income tax? Is the average tax rate higher

7) Does a taxpayer in the 33% tax bracket pay 33%of his or her earnings in income tax? Is the average tax

7) Does a taxpayer in the 33% tax bracket pay 33% of his or her earnings in income tax? Is the average tax rate higher or lower than the tax bracket? Which gives a better picture of the paid taxes, the average tax rate or the tax bracket? Explain your

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