Homework: Chapter 1 Homework Save 80f 10 (6 complete) | > M/ Score: 60%, 6 of 1 Score: 0 of 1 pt P1-8 (similar to) Question Help Marginal tax rates Partner A, a single taxpayer, is one of two partners in a small business. As such, she receives pass-through income that is taxed at her personal tax rates. After all adjustments and deductions have been made, including the 20% qualified business income deduction, she is preparing to calculate her taxes owed for the year. Using the tax rate schedule given here, perform the following: a. Find the marginal tax rate for the following levels of sole proprietorship earnings before taxes: $15,600; S61,100; S90,100; $154,000; $248,000: S448,000; and $1.3 million. b. Plot the marginal tax rates (measured on the y-axis) against the pretax income levels (measured on the x-axis). Explain the relationship between these variables. The marginal tax rate for eamings before taxes of $15,600 is 1% (Round to the nearest integer. Homework: Chapter 1 Homework Save 80f 10 (6 complete) | > M/ Score: 60%, 6 of 1 Score: 0 of 1 pt P1-8 (similar to) Question Help Marginal tax rates Partner A, a single taxpayer, is one of two partners in a small business. As such, she receives pass-through income that is taxed at her personal tax rates. After all adjustments and deductions have been made, including the 20% qualified business income deduction, she is preparing to calculate her taxes owed for the year. Using the tax rate schedule given here, perform the following: a. Find the marginal tax rate for the following levels of sole proprietorship earnings before taxes: $15,600; S61,100; S90,100; $154,000; $248,000: S448,000; and $1.3 million. b. Plot the marginal tax rates (measured on the y-axis) against the pretax income levels (measured on the x-axis). Explain the relationship between these variables. The marginal tax rate for eamings before taxes of $15,600 is 1% (Round to the nearest integer