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Joe and Jane Keller are a married couple who file a joint income tax return, where the tax rates are based on Table 3.5. Assume
Joe and Jane Keller are a married couple who file a joint income tax return, where the tax rates are based on Table 3.5. Assume that their taxable income this year was $225,000.
What is their federal tax liability? Round your answer to the nearest cent. $
What is their marginal tax rate? Round your answer to 1 decimal place. %
What is their average tax rate? Round your answer to 2 decimal places. %
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