10
QuizMultiple Choice

World Economics

Question 10 • T1 - 4 RMA-TX-Financial Math-B

Say that Thailand has a workforce of 35,709,487 people, each of whom earns an average salary of (equivalent USD) $8,630 annually. If the Thai government wants to raise $70 billion in tax revenue, approximately where should it set the income tax rate?a.5%b.15%c.23%d.29%

Answer
A
A
B
B
C
C
D
D