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mixacct401
Jul 5, 2012, 05:18 PM
If Congress increases the income tax rate such that Song’s average tax rate increases from 25 percent to 30 percent, how much more income tax will she pay assuming that the income effect is descriptive?

AtlantaTaxExpert
Jul 9, 2012, 08:25 AM
This looks like a homework question, which, under the policy restrictions of the website, I CANNOT answer.

Sorry!