Country A levies an individual income tax with the following rate structure:

Percentage Rate			Bracket
	10	%	Income from 0 to $20,000
	15		Income from $20,001 to $75,000
	25		Income from $75,001 to $160,000
	30		Income in excess of $160,000

Required:

1. Mr. Levis taxable income is $57,200. Compute his tax and average tax rate. What is Mr. Levis marginal tax rate?
2. Ms. Jinns taxable income is $306,800. Compute her tax and average tax rate. What is Ms. Jinns marginal tax rate?

Complete this question by entering your answers in the tabs below. Required A Required B Mr. Levi's taxable income is $57,200. Compute his tax and average tax rate. What is Mr. Levi's marginal tax rate? (RO percentage answers to 2 decimal places and other answer to the nearest dollar amount.) Mr. Levi Income tax Average tax rate Marginal tax rate % % KA Required B > Required A Required B Ms. Jinn's taxable income is $306,800. Compute her tax and average tax rate. What is Ms.Jinn's marginal tax rate? (Round your percentage answers to 2 decimal places and other answer to the nearest dollar amount.) Ms. Jinn Income tax Average tax rate Marginal tax rate % %