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1. Mary is single and she files her income tax return, where the tax rates are based on the tax table above. Assume that her
1. Mary is single and she files her income tax return, where the tax rates are based on the tax table above. Assume that her taxable income this year is $135,500.
What is the Federal tax liability?
2. What is the marginal tax rate?
3. What is the average tax rate? [Write in the form of xx.xx%]
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