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help 1. Master Windu, an individual taxpayer whose filing status is head of household, reports total economic income of $550,000. Windu's taxable income is $400,000.
help 1. Master Windu, an individual taxpayer whose filing status is head of household, reports total economic income of $550,000. Windu's taxable income is $400,000. What are Windu's marginal and average tax rates? A. Marginal TR = 35% Average TR = 28.34% B. Marginal TR = 37% Average TR = 28.34% C. Marginal TR = 35% Average TR = 30.27% D. Marginal TR = 37% Average TR = 30.27% E. Marginal TR = 35% I Average TR = 20.25%
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