Answered: If you earn $130,0000, what is the…

If you earn $130,0000, what is the marginal tax rate? Taxable income ($) $0-$50,000 Tax (%) 7% 5.84% 6% 5% 5% $50,001-$100,000 $100,001-$200,000 6% 7%

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If you earn $130,0000, what is the marginal tax rate?
Taxable income ($) $0-$50,000
Tax (%)
7%
5.84%
6%
05%
5%
$50,001-$100,000 $100,001-$200,000
6%
7%

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