Question
Glen's taxable income is $50,000 and he pays income tax of $8,300. If his income were $60,000, he would pay $10,800. What is Glen's marginal
Glen's taxable income is $50,000 and he pays income tax of $8,300. If his income were $60,000, he would pay $10,800. What is Glen's marginal tax rate?
a) 18.23%
b) 17.87%
c) 15.00%
d) 14.91%
e) other
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Auditing and Assurance Services A Systematic Approach
Authors: William Messier Jr, Steven Glover, Douglas Prawitt
10th edition
77732502, 978-0077732509
