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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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