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A company pays taxes of 25% on their first $25,000 of taxable income and 40% on any taxable income in excess of 25,000. The company's
A company pays taxes of 25% on their first $25,000 of taxable income and 40% on any taxable income in excess of 25,000. The company's current taxable income is $30,000. What is the marginal tax rate? 30%, 40%, 25% or 65%
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