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    Exam 9: Public Finance and Public Choice
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    If a Flat Tax Plan Allowed Individuals to Deduct a Standard
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If a Flat Tax Plan Allowed Individuals to Deduct a Standard

Question 35

Question 35

True/False

If a flat tax plan allowed individuals to deduct a standard allowance of $20,000 and the flat tax rate was 20 percent, an individual earning $100,000 would pay an average tax rate of 20%.

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