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    Economics Principles and Policy Study Set 2
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    Exam 20: Poverty, Inequality, and Discrimination
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    With a Negative Income Tax, If People Get at Least
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With a Negative Income Tax, If People Get at Least

Question 55

Question 55

Multiple Choice

With a negative income tax, if people get at least $10,000 and the breakeven point is $50,000, what is the tax rate?


A) 50 percent
B) 25 percent
C) 20 percent
D) 5 percent

Correct Answer:

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