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Government G levies an income tax with the following rate structure: Required: a. Taxpayer A's taxable income is $119,400. Compute A's income tax liability and

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Government G levies an income tax with the following rate structure: Required: a. Taxpayer A's taxable income is $119,400. Compute A's income tax liability and average tax rate. What is A's marginal tax rate? b. Taxpayer B's taxable income is $383,900. Compute B's income tax liability 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 $119,400. Compute A's income tax liability and average tax rate. What is A's marginal tax rate? Note: Round your percentage answers to 2 decimal places. Government G levies an income tax with the following rate structure: Required: b. Taxpayer A's taxable income is $119,400. Compute A's income tax liability and average tax rate. What is A's marginal tax rate? b. Taxpayer B's taxable income is $383,900. Compute B's income tax liability and average tax rate. What is B's marginal tax rate? Complete this question by entering your answers in the tabs below. Taxpayer B's taxable income is $383,900. Compute B's income tax liability and average tax rate. What is B's marginal tax rate? rate? Note: Round your percentage answers to 2 decimal places

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