3. Examme the tax schedule for the years 1914 and 2009. The schedule in 1914 applied to all taxpayers. The schedule for 2009 is for a single taxpayer. Marginal Tax Rate is the rate of laxa taxpayer pays at his/her income level. 1914 2009 Marginal Tax Tax Brackets Marginal Tax Tax Brackets Rate 1 Over But not over Rate Over But not over 1.0% $20,000 10.0% SO $8,375 2.0% $20,000 S50,000 15.0% S8,375 S34,000 3.0% $50,000 $75,000 25.0% S34,000 T S82,400 4.0% $75,000 $100,000 28.0% $82,400 1 S171,850 5.0% $100,000 $250,000 33.0% $171,850 $373,650 6.0% $250,000 $500,000 35.0% $373,650 7.0% $500,000 SO a. What was the marginal tax rate for a taxpayer with a taxable income of $42,000 in 1914? b. What was the marginal tax rate for a taxpayer with a taxable income of $42,000 in 2009? c. Based on the marginal tax rate, find the difference in tax between a single taxpaver in 1914 making $42,000 and a single taxpayer in 2009 making the same amount