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4. What is the marginal tax rate? a) The lowest tax rate in the payroll withholding tables. b) The rate at which the last dollar

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4. What is the marginal tax rate? a) The lowest tax rate in the payroll withholding tables. b) The rate at which the last dollar of income you earn will be taxed. c) The average rate of tax that a business pays. d) The combined rate of state, city and county sales tax for your local jurisdiction

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