Explore BrainMass
Share

Explore BrainMass

    Public Budgeting - Relative Tax Burden

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    What does it mean when there is a relative tax burden?

    © BrainMass Inc. brainmass.com October 10, 2019, 5:21 am ad1c9bdddf
    https://brainmass.com/economics/public-budgeting/public-budgeting-relative-tax-burden-502012

    Solution Preview

    Relative tax burdens are the total amount of federal income taxes that are paid by each person in their respective group based on adjusted gross income. Each taxpayer is categorized according to adjusted gross income, and the taxpayer's total tax is then calculated respective to their income. The relative tax burden is what ...

    Solution Summary

    This solution explains what it means to have a relative tax burden. The reasons for a relative tax burden are also discussed, including the implications of a relative tax burden.

    $2.19