labu Marginal tax rates Partner A, a single taxpayer, is one of two partners in a small business. As such, she receives pass through income that is taxed at her personal tax rates. After all adjustments and deductions have been made, including the 20% qualified business income deduction, she is preparing to calculate her taxes owed for the year. Using the tax rate schedule given here perform the following: a. Find the marginal tax rate for the following levels of sole proprietorship earnings before taxes: $15,700$59,400 $88,000, $154,000 $250,000, 5447,000 and $1.3 million b. Plot the marginal tax rates (measured on the y-axis) against the protax income levels (measured on the x-axis). Explain the relationship between these variables. 0 million b. Plot them a. Find the marginal tax rate for the following levels obble proprietorship earnings before taxes $15.700 $59,400; $88.000 $154,000 $250,000 $447.000, and * More Info Lariable a. The marge Tax Rate - Single Taxpayers-2018 + + . 11 Range of taxable income $0 to $9,525 9,525 to 38,700 38,700 to 82,500 82,500 to 157,500 157.500 to 200,000 200,000 to 500,000 Over 500.000 Base tax $0 953 4,454 14,090 32,090 45,690 150,690 (10% (12% (22% (24% (32% (35% (37% Tax calculation (Marginal rate x amount over base bracket) x amount over $0) x amount over 9,525) x amount over 38,700) x amount over 82,500) x amount over 157,500) x amount over 200,000) x amount over 500,000) Print Done