Question: Which statement is correct with respect to marginal and average tax rates under a progressive tax structure? -For most taxpayers, the average tax rate is

Which statement is correct with respect to marginal and average tax rates under a progressive tax structure?

-For most taxpayers, the average tax rate is larger than the marginal tax rate.
-Generalizations cannot be made. The question can only be answered with reference to the tax situation of a specific taxpayer.
-At very high levels of taxable income, a taxpayer's marginal and average tax rates will be the same.
-At very low levels of taxable income, a taxpayer's marginal and average tax rates will be the same.

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