Marissa just got hired at a new job for an annual salary of $112,950. After the standard

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Marissa just got hired at a new job for an annual salary of $112,950. After the standard deduction, her taxable income will be $100,000. Use the marginal tax rates shown in Figure 9 to calculate how much she will owe in income taxes if she has no other income and no additional deductions. What share of her income would she be paying in taxes?

Figure 9

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Principles Of Economics

ISBN: 9781319330156,9781319419769

2nd Edition

Authors: Betsey Stevenson, Justin Wolfers

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