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John owed $ 1 0 , 0 0 0 in taxes on taxable income of $ 4 0 , 0 0 0 . If John
John owed $ in taxes on taxable income of $ If John earns an additional $ he will pay an additional $ Therefore:
Multiple choice question.
his marginal tax rate will increase to
he will be at the average tax rate after he earns the additional $
his average tax rate is about
his average tax rate is
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