Using information from the table below,calculate the average tax rate and marginal tax rate as income changes from 20,000 to 50,000 and from 50,000 to 100,000 for tax system A,B,and C.Describe the relationship between average tax rates and marginal tax rates for each of these three systems.Which rate is more relevant for judging the vertical equity of a tax system

Question

Using information from the table below,calculate the average tax rate and marginal tax rate as income changes from 20,000 to 50,000 and from 50,000 to 100,000 for tax system A,B,and C.Describe the relationship between average tax rates and marginal tax rates for each of these three systems.Which rate is more relevant for judging the vertical equity of a tax system
Using information from the table below,calculate the average tax rate and marginal tax rate as income changes from 20,000 to 50,000 and from 50,000 to 100,000 for tax system A,B,and C.Describe the relationship between average tax rates and marginal tax rates for each of these three systems.Which rate is more relevant for judging the vertical equity of a tax system

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The Answer of Using information from the table below,calculate the average tax rate and marginal tax rate as income changes from 20,000 to 50,000 and from 50,000 to 100,000 for tax system A,B,and C.Describe the relationship between average tax rates and marginal tax rates for each of these three systems.Which rate is more relevant for judging the vertical equity of a tax system

Using Information from the Table Below,calculate the Average Tax Rate