Marginal and average 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 LOADING..., perform the following: a. Calculate the tax liability, after-tax earnings, and average tax rates for the following levels of partnership earnings before taxes: ; ; ; ; million; million; and million. b. Plot the average tax rates (measured on the y-axis) against the pretax income levels (measured on the x-axis). What generalization can be made concerning the relationship between these variables? a. Calculate the tax liability, after-tax earnings, and average tax rates for the following levels of partnership earnings before taxes:12000,298,000490000 1.2 MILLION 1.9 MILLION ; ; ; ; ; million; and million. The tax liability for earnings before taxes of is $12000 80,200 298000 490000 1.2MILLION 1.9 MILLION nothing. (Round to the nearest dollar.