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Kim Lee is single and earns $31,000 in taxable income. He uses the following tax rate schedule to calculate the taxes he owes. Up to

  1. Kim Lee is single and earns $31,000 in taxable income. He uses the following tax rate schedule to calculate the taxes he owes.

Up to $9.525 10 %

$9,525 − $38,700 12 %

$38,700 − $82,500 22%

  • $82,500 − $157,500 24 %

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