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Micro Economics Question, Please HELP!

Forums: Economics, Homework Help, Microeconomics, College Economics
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RosemaryM1955
 
Reply Wed 8 Mar, 2017 01:04 pm
What is the effective marginal tax rate of a government antipoverty program that guarantees every family a minimum income? Explain. Why might trying several antipoverty benefits to income level lead to an effective marginal tax rate of greater than 100 percent?
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