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3. You are in the 25% Federal tax bracket, 7% California tax bracket and pay 8% for Social Security and Medicare. (It is really normally 7.65% but we will use 8% to make it simpler.) You just had to have the latest 199" high-rationalization television. It cost you $4,450 including the sales tax. What is your total marginal tax bracket (including Social Security)? Total marginal tax bracket =( Federal tax bracket + California tax bracket + Security SecurityMedicare ) 4. After paying the income tax and Social Security/Medicare contributions, how much did the $4.450 television in the previous question really cost you