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Bracket $0-$10,000 $10,000-$35,000 20% $35,000 $250,000 32% over $250,000 39% Charles's taxable income last year is $410,000. Please compute his marginal rate, and his average
Bracket $0-$10,000 $10,000-$35,000 20% $35,000 $250,000 32% over $250,000 39% Charles's taxable income last year is $410,000. Please compute his marginal rate, and his average tax rate using the tax brackets. Calculate the average tax rate. (1 point) a. 36.69% 4410,000 b. 34.17% c. 33.54% d. 31.62% What is the marginal rate? (1 point) a. 13% b. 39% c. 22% d. 20% Tax Rate 13%
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