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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 the tax tables
Joe and Jane Keller are a married couple who file a joint income tax return, where the tax rates are based on the tax tables presented in the chapter. Assume that their taxable income this year was $165,000.
A. What is their federal tax liability?
B. What is their marginal tax rate?
C. What is their average tax rate?
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