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16 October, 23:47

6. What is the average tax rate?

Tax rate multiplied by the next dollar of taxable income

Tax rate divided by the next dollar of taxable income

Total taxes paid divided by the total taxable income

Total taxable income multiplied by total taxes paid

Question 7 What is the primary source of revenue for the government?

Borrowing

Customs duties

Social Security payroll taxes

Individual income taxes

+4
Answers (2)
  1. 17 October, 01:26
    0
    The Correct Answer is C and D.

    Answer 6. is C.

    Answer 7. is D.

    Explanation:

    Answer 6:

    The average tax rate is calculated by the total taxes paid divided by the total taxable income. Average tax rate measures the sacrifice that taxpayers make.

    Answer 7:

    Social Security payroll taxes are those taxes which are imposed on both employees as well as employer for the different programs of social security. Social Security taxes are collected in the form of Payroll taxes which is compulsory by Federal Insurance Contributions Act.
  2. 17 October, 03:38
    0
    6. The answer is C) Total taxes paid divided by the total taxable income.

    7. The answer is D) Individual income taxes
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