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Chuck, a single taxpayer, earns $ 7 5 , 0 0 0 in taxable income and $ 1 0 , 0 0 0 in interest
Chuck, a single taxpayer, earns $ in taxable income and $ in interest from an investment in City of Heflin bonds. Use the US tax rate schedule.
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If Chuck earns an additional $ of taxable income, what is his marginal tax rate on this income?
What is his marginal rate if instead, he had $ of additional deductions?
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