The value of a tax deduction: is lower for taxpayers in higher marginal tax brackets. does not vary by tax bracket. is greater for taxpayers in higher marginal tax brackets. decreases as a tax system becomes more progressive.

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter16: The Public Sector
Section: Chapter Questions
Problem 19SQ
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The value of a tax deduction:
is lower for taxpayers in higher marginal tax brackets.
does not vary by tax bracket.
is greater for taxpayers in higher marginal tax brackets.
decreases as a tax system becomes more progressive.
Transcribed Image Text:The value of a tax deduction: is lower for taxpayers in higher marginal tax brackets. does not vary by tax bracket. is greater for taxpayers in higher marginal tax brackets. decreases as a tax system becomes more progressive.
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