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A single person with taxable income of $119861 will have the first $9,525 of that income taxed at a different rate than the income between
A single person with taxable income of $119861 will have the first $9,525 of that income taxed at a different rate than the income between $9,525 and $38,700. The first bracket is taxed at 10%, the second is taxed at 12% Determine the taxes owed on just the second bracket.
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