=+I:1-41 Marginal Tax Rate. Jill and George are married and file a joint return. They expect to

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=+I:1-41 Marginal Tax Rate. Jill and George are married and file a joint return. They expect to have $425,000 of taxable income in the next year and are considering whether to purchase a personal residence that would provide additional tax deductions of $40,000 for mortgage interest and real estate taxes.

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