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Find the marginal tax rate for the following levels of sole proprietorship earnings before taxes: $15,500; $60,300;$91,400;$151,000;$230,000;$441,300; and $1million. Plot the marginal tax rates (measured
Find the marginal tax rate for the following levels of sole proprietorship earnings before taxes: $15,500; $60,300;$91,400;$151,000;$230,000;$441,300; and $1million.
Plot the marginal tax rates (measured on the y-axis) against the pretax income levels (measured on the x-axis).
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