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Government G levies an income tax with the following rate structure: Required: a. Taxpayer A's taxable income is $169,000. Compute A's tax and average tax
Government G levies an income tax with the following rate structure: Required: a. Taxpayer A's taxable income is $169,000. Compute A's tax and average tax rate. What is A's marginal tax rate? b. Taxpayer B's taxable income is $586,500. Compute B's tax and average tax rate. What is B's marginal tax rate? Complete this question by entering your answers in the tabs below. Taxpayer A's taxable income is $169,000. Compute A s tax and average tax rate. What is A s marginal tax rate? Note: Round your percentage answers to 2 decimal places and other answers to the nearest whole dollar amount Taxpayer B's taxable income is $586,500. Compute B's tax and average tax rate. What is B's marginal tax rate? Note: Round your percentage answers to 2 decimal places and other answers to the nearest whole dollar amount
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