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Assume that you face the marginal tax rate schedule below and your income is $127,646. What is your total tax? Income Marginal Tax rate Up
Assume that you face the marginal tax rate schedule below and your income is $127,646. What is your total tax?
Income Marginal Tax rate
Up to $15,600 10% $15,600-63,000 15% $63,000-128,500 25% Over $128,500 33%
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