The effective income tax rate is calculated by dividing the total taxes paid by the total income from all sources, including wages, profits, interest, rental income, and government transfers such as veterans’ benefits.

Authors

• Person: Not available Organization: University of Hawaii
  14.5 Government Policies to Reduce Income Inequality

Sources

• 14.5 Government Policies to Reduce Income Inequality pressbooks-dev.oer.hawaii.edu University of Hawaii via serper

Referenced by nodes (2)

• interest concept
• income concept