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P2-3 (similar to) Question Help Marginal tax rates Partner A a single taxpayer, is one of two partners in a small business. As such, she

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P2-3 (similar to) Question Help 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. Afher all adjustments and deductons have been made in 1 rg the 20% qualfed busness income deduction, she is pre amg to calculate her taxes owed for the year. Using the tax rate schedule g en here perform the following a. Find the marginal tax rate for the following levels of sole ,400: $88,100, $147,000: $250,000: $447,000; and $1.4 million. b. Plot the marginal tax rates (measured on the y-axis) against the pretax income levels (measured on the x-axis). Explain the relationship between these variables. proprietorship earnings before taxes: $13,400: $61 a.Themarginal tax rate for earnings before taxes of $13,400 is %. (Round to the nearest integer )

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