Examples 1) Assume the following tax brackets are legitimate and that a client has $35,000 of taxable income and $60,000 of economic income. Tax Bracket Rate 0 - $10,000 10% $10,001 - $20,000 20% $20,001 - $50,000 30% $50,001 and up 40% What is the client's tax liability? What is the client's ATR? What is the client's ETR? What is the MTR if the client earns an additional $1 of income