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John recently filed his taxes and decided to look over his tax return. John sees that he had taxable income of $36,500 and that he
John recently filed his taxes and decided to look over his tax return. John sees that he had taxable income of $36,500 and that he paid 5,800 in federal taxes. He knows that his marginal tax rate is 25%. What is John's average tax rate?
15.9% | ||
25% | ||
100% |
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