Question

the american taxpayer relief act of 2012 increased taxes on the top 2% of income earners from 35% to 39.6%. supply and demand analysis predicts the impact of this change was a interest rate on municipal bonds and a interest rate on treasury bonds. a) lower; higher b) lower; lower c) higher; higher d) higher; lower

Answer 1

The impact of the American Taxpayer Relief Act of 2012 was a lower interest rate on both municipal bonds and treasury bonds.

When was the American Taxpayer Relief Act of 2012 passed?

The American Taxpayer Relief Act of 2012 (ATRA) was passed by the US Congress on January 1, 2013, and US President Barack Obama signed it into law the following day. The reduced rates of many of the "Bush tax cuts" become permanent due to ATRA.

The impact of the American Taxpayer Relief Act of 2012 was a lower interest rate on both municipal bonds and treasury bonds

.

To know more about the American Taxpayer Relief Act of 2012 check out:

https://brainly.com/question/11720476

#SPJ4