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Jorge and Anita, married taxpayers, earn $ 1 5 5 , 0 0 0 in taxable income and $ 4 5 , 0 0 0

Jorge and Anita, married taxpayers, earn $155,000 in taxable income and $45,000 in interest from an 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 $105,000 of taxable income, what is their marginal tax rate on this income?b. What is their marginal rate if, instead, they report an additional $105,000 in deductions?(For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places.) find a. Marginal tax rate. b. marginal tax rate
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