LO.4 Beige Corporation has lower taxable income than Drab Corporation. Yet Beiges marginal income tax rate is
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LO.4 Beige Corporation has lower taxable income than Drab Corporation. Yet Beige’s marginal income tax rate is 39%, while Drab’s marginal rate is 35%. Explain how this variance can occur.
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Related Book For 
South Western Federal Taxation 2013 Individual Income Taxes
ISBN: 9781133189558
36th Edition
Authors: William Hoffman, James E. Smith
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