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Jorge and Anita, married taxpayers, earn $142,500 in taxable income and $50,000 in interest from an investment in City of Heflin bonds. (Use the U.S.

Jorge and Anita, married taxpayers, earn $142,500 in taxable income and $50,000 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 pla QUIOCESI a. Marginal tax rate Marginal tax rate

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