2pts each * 5

1) What is my tax liability is I am single and my taxable income is $100,000

2) What is our tax liability is I am married and our taxable income is $100,000

3) What is my tax liability is I am single and my taxable income is $150,000

4) What is our tax liability is I am married and our taxable income is $300,000

5) For a couple that earns $75,000 + $25,000 would have lower tax bills when married. High income couples $100,000 + $100,000 have an increased tax liability compared to filling as single. Use the brackets below to explain the increase.

Tax Brackets

Single	Tax Rate	Married/Joint	Tax Rate
0-$25,000	10%	0-$50,000	10%
$25,001 - $50,000	20%	$50,001 - $100,000	20%
$50,001 - $100,000	30%	$100,000 - $150,000	30%
$100,001 - $500,000	40%	$150,001 - $1,000,000	40%

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12pt