Campbell, a single taxpayer, earns $407,500 in taxable income and $2,600 in interest from an investment in State of New York bonds (Use the US, tax rate schedule) Required: a. If Campbell earns an additional $16,500 of taxable income, what is her marginal tax rate on this income? b. What is her marginal rate it, Instead, she had $16,500 of additional deductions? (For all requirements, do not round Intermediate calculations. Round percentage answers to whole percent.) % a. Marginal tax rate 5. Marginal tax rate X Schedule -Single If taxable income is over: But not over: The tax is: 0 $9.950 10% of taxable income $ 9,950 $ 40,525 $995 plus 12% of the excess over $9,950 $ 40.525 $ 86,375 $4,664 plus 22% of the excess over $40,525 $ 86,375 $164.925 $14.751 plus 24% of the excess over $86,375 $164.925 $ 209,425 $33,603 plus 32% of the excess over $164,925 $ 209,425 $ 523,600 $47,843 plus 35% of the excess over $209,425 $ 523,600 $157,804.25 plus 37% of the excess over $523,600 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: $ 0 $ 19,900 10% of taxable income $ 19,900 $ 81,050 $1.990 plus 12% of the excess over $19,900 $ 81,050 $ 172.750 $9,328 plus 22% of the excess over $81,050 $ 172,750 $ 329,850 $29,502 plus 24% of the excess over $172,750 $ 329,850 $ 418,850 $67,206 plus 32% of the excess over $329,850 S 418.850 $ 628,300 $95,686 plus 35% of the excess over $418,850 $ 628,300 $168,993,50 plus 37% of the excess over $628,300