6. Assuming taxable income of $12,000 a year filing single status, apply the marginal tax rate in...

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6. Assuming taxable income of $12,000 a year filing single status, apply the marginal tax rate in Figure 9.7.

(LO 9-3)

a. What is your marginal tax rate?

b. What is your average tax rate?

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Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

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