Jorge and Anita, married taxpayers, earn $$150,500$ in taxable income and $$40,500$ in interest from an $2023$ Tax Rate Schedules

Individuals

Schedule X$-$Single

Schedule Y$-1-$Married Filing Jointly or Qualifying surviving spouse

Schedule Z$-$Head of Household

Schedule Y$-2-$Married Filing Separately

investment in City of Heflin bonds. $($Use the U$.$S$.$ tax rate schedule for married filing jointly.$)$

Required:

a$.$ If Jorge and Anita earn an additional $$100,500$ of taxable income, what is their marginal tax rate on this

income?

b$.$ What is their marginal rate if$,$ instead, they report an additional $$100,500$ in deductions?

Note: For all requirements, do not round intermediate calculations. Round your answers to $2$ decimal

places.