Post Class: Income Tax Activity Use the 2019 Tax Schedule used with the In Class Activity for any tax calculations in the following problems. 1. Use the tax schedule to compute the marginal tax rate beginning with a salary of $51,000 and from a 3% raise. 1040 Lines) 1 and 8b 11a Before Raise After Raise Description Wages, salaries, and tips. Adjusted gross income (AGI) Standard deduction and exemption (single, nondependent) Subtract line 11a from line 8b. Taxable income 351,000 $12,200 $12.200 11b BEFORE calculating the taxes, you should be able to fill in the blanks: The marginal tax rate on this additional income should fall be- tween and Why will the marginal tax rate fall between these two values? Total Tax (from schedule) Net Income (atter Fed Inc. Tax) Effective tax rate (tax as a percentage of all income) Additional (marginal) income Additional (marginal) tax Marginal tax rate (tax rate on additional income) 2. Before the raise, the person's taxable income was in the % tax bracket. After the raise, the person's taxable income was in the % tax bracket