Alan and Sara Winthrop are a married couple who file a joint income tax return. They have two children, so they claim a total of 4 exemptions ($4,050 for each exemption). In addition, they have legitimate itemized deductions totaling $95.750. Their total income from wages is $213.900. Assume the following tax table is applicables Married couples Filing Joint Returns Plus This Percentage on If Your Taxable You Pay This Amount on the Excess over the Average Tax Rate Income is the base of the Bracket Base at Top of Bracket Up to $18,650 $0.00 10.0% 10.0% $18,650 1,865.00 15.0 13.8 $75,900 $75,900 10,452.50 25.0 19.4 $153, 100 $153,100 29,752.50 28.0 $233,350 $233,350 52,222.50 33.0 $416,700 $416,700 112,728.00 35.0 $470,700 Over $470,700 131,628.00 What is their marginal tax rate? a. 35.0% b. 28.0% OC 33.0% O d. 15.04 Married couples Filing Joint Returns Plus This Percentage on the Excess over the Average Tax Rate Base at Top of Bracket 10.0% 10.0% 15.0 13.8 25.0 19.4 If Your Taxable You Pay This Amount on Income Is - the Base of the Bracket Up to $18,650 $0.00 $18,650- 1,865.00 $75,900 $75,900- 10,452.50 $153,100 $153,100- 29,752.50 $233,350 $233,350- 52,222.50 $416,700 $416,700- 112,728.00 $470,700 Over $470,700 131,628.00 What is their marginal tax rate? 28.0 22.4 33.0 27.1 35.0 28.0 39.6 39.6 50000 O a. 35.0% O b. 28.0% O G 33.0% O d. 15.0% O e. 10.0% Alan and Sara Winthrop are a married couple who file a joint income tax return. They have two children, so they claim a total of 4 exemptions ($4,050 for each exemption). In addition, they have legitimate itemized deductions totaling $95.750. Their total income from wages is $213.900. Assume the following tax table is applicables Married couples Filing Joint Returns Plus This Percentage on If Your Taxable You Pay This Amount on the Excess over the Average Tax Rate Income is the base of the Bracket Base at Top of Bracket Up to $18,650 $0.00 10.0% 10.0% $18,650 1,865.00 15.0 13.8 $75,900 $75,900 10,452.50 25.0 19.4 $153, 100 $153,100 29,752.50 28.0 $233,350 $233,350 52,222.50 33.0 $416,700 $416,700 112,728.00 35.0 $470,700 Over $470,700 131,628.00 What is their marginal tax rate? a. 35.0% b. 28.0% OC 33.0% O d. 15.04 Married couples Filing Joint Returns Plus This Percentage on the Excess over the Average Tax Rate Base at Top of Bracket 10.0% 10.0% 15.0 13.8 25.0 19.4 If Your Taxable You Pay This Amount on Income Is - the Base of the Bracket Up to $18,650 $0.00 $18,650- 1,865.00 $75,900 $75,900- 10,452.50 $153,100 $153,100- 29,752.50 $233,350 $233,350- 52,222.50 $416,700 $416,700- 112,728.00 $470,700 Over $470,700 131,628.00 What is their marginal tax rate? 28.0 22.4 33.0 27.1 35.0 28.0 39.6 39.6 50000 O a. 35.0% O b. 28.0% O G 33.0% O d. 15.0% O e. 10.0%