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EBT is $3,200,000. What is the marginal tax rate and average tax rate? Earnings Before Taxes Tax Rate $0-50,000 15% 50-000- 57,000 25% 75,001- 100,000
EBT is $3,200,000. What is the marginal tax rate and average tax rate?
Earnings Before Taxes Tax Rate
$0-50,000 15%
50-000- 57,000 25%
75,001- 100,000 34%
100,001-335,000 39%
335,001- 10,000,000 34%
10,000,001- 15,000,000 35%
15,000,001- 18,333,333 38%
Over 18,333,333 35%
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