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According to the U.S. Federal Tax Rates chart, a person earning $100,000 in a given year is in the 28% tax bracket. How much will
According to the U.S. Federal Tax Rates chart, a person earning $100,000 in a given year is in the 28% tax bracket. How much will this individual owe in income taxes for that year?
a.$72,000
b.$28,000
c.more than $28,000 but less than $72,000
d.less than $28,000
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