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Business, 14.07.2021 04:50 lindsey0456

The real interest rate is 3​ percent, the inflation rate is 2​ percent, and the tax rate on nominal interest is 25 percent. What is the true income tax rate on interest​ income? Why does inflation increase the true tax rate on interest​ income?

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The real interest rate is 3​ percent, the inflation rate is 2​ percent, and the tax rate on nominal...
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