10. Critical analysis Q11 Marginal tax rates were cut substantially during the 1980s, and although rates were increased in the early 1990s, the marginal rates applicable in the highest income brackets were still well below the top rates of the 1960s and 1970s. decrease Complete the following statement. increase The lower rates of the 1980s and 1990s were for the economy because rate reduction was accompanied by an in revenues derived from the capital gains taxes and personal income taxes collected from high-income taxpayers.

10. Critical analysis Q11 Marginal tax rates were cut substantially during the 1980s, and although rates were increased in the early 1990s, the marginal rates applicable in the highest income brackets were still well below the top rates of the 1960s and 1970s. decrease Complete the following statement. increase The lower rates of the 1980s and 1990s were for the economy because rate reduction was accompanied by an in revenues derived from the capital gains taxes and personal income taxes collected from high-income taxpayers.

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter3: Economic Decision Makers

Section: Chapter Questions

Problem 3.10P

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Similar questions

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