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Melodie's taxable income is $38,000 and she pays income tax of $4,370. If Melodie's taxable income increases to $40,000, she would pay income taxes of
Melodie's taxable income is $38,000 and she pays income tax of $4,370. If Melodie's taxable income increases to $40,000, she would pay income taxes of $4,740. What is Melodie's marginal tax rate? a.18.50% b.22.00% c.14.66% d.12.00% e.Some other amount
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