Question: Which statement is true? Points: 1 Your marginal tax rate is always lower than your average tax rate The marginal tax is the amount of

Which statement is true?

Points: 1

  1. Your marginal tax rate is always lower than your average tax rate
  2. The marginal tax is the amount of tax you pay as a percentage of your total taxable income.
  3. The more money you make the less tax you pay.
  4. Your marginal tax rate is the percentage of tax you pay on the next dollar earned.

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