Government G levies an income tax with the following rate structure: Percentage Rate Bracket 6 % Income from 0 to $30,000 10 Income from $30,001 to $70,000 20 Income from $70,001 to $200,000 28 Income in excess of $200,000 Taxpayer As taxable income is $122,500. Compute As tax and average tax rate. What is As marginal tax rate? Taxpayer Bs taxable income is $210,000. Compute Bs tax and average tax rate. What is Bs marginal tax rate?

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Taxpayer As taxable income is $122,500. Compute As tax and average tax rate. What is As marginal tax rate? (Round your percentage answers to 2 decimal places and other answers to the nearest whole dollar amount.)

Income tax
Average tax rate		%
Marginal tax rate		%

• R