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Business, 27.07.2021 02:10 lineaeriksen

Assume the marginal tax rate is 10% for the first $20,000 of taxable income, 25% for taxable income from $20,001 to $50,000, and 35% for taxable income above $50,000. If Mr. Smith had taxable income of $80,000, how much tax does he owe

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Assume the marginal tax rate is 10% for the first $20,000 of taxable income, 25% for taxable income...
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