Average tax rate:

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answerhappygod
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Average tax rate:

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Average tax rate:

A. Is the rate at which each dollar of taxable income is taxed on average; calculated by dividing the tax liability by taxable income
B. Is the rate at which each dollar of taxable income is taxed annually; calculated by dividing the tax liability by taxable income.
C. Is the rate at which each dollar of taxable income is taxed on average; calculated by dividing the tax liability by non-taxable income
D. Is the rate at which each dollar of taxable income is taxed on average; calculated by dividing the tax liability by expenses
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