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Ataxpayerfacesthefollowingtaxratesonherincome: 20percentofthefirst$40,000ofherincome 30percentofallherincomeabove$40,000. 13.Refertothe scenario above.Thetaxpayerfacesamarginaltaxrateof: a.20percentwhenherincomerisesfrom$40,000to$40,001. b.10percentwhenherincomerisesfrom$40,000to$40,001. c.0percentwhenherincomerisesfrom$30,000to$30,001. d.20percentwhenherincomerisesfrom$30,000to$30,001.
Ataxpayerfacesthefollowingtaxratesonherincome: 20percentofthefirst$40,000ofherincome 30percentofallherincomeabove$40,000.
13.Refertothe scenario above.Thetaxpayerfacesamarginaltaxrateof:
a.20percentwhenherincomerisesfrom$40,000to$40,001. b.10percentwhenherincomerisesfrom$40,000to$40,001. c.0percentwhenherincomerisesfrom$30,000to$30,001. d.20percentwhenherincomerisesfrom$30,000to$30,001.
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