The person most likely to receive a payment from a corporation in a year of losses is the

The average tax rate faced by an individual is the ________

A) total tax paid by her divided by the total income earned B) total revenue received by the government divided by the number of taxpayers C) percentage of the last dollar earned that a household pays as a tax D) difference between the highest tax rate and the lowest tax rate

One characteristic of an efficient tax system is that it minimizes the costs associated with revenue collection

a. True b. False Indicate whether the statement is true or false