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Question 5 Given the tax rates as shown, what is the marginal tax rate for a firm with taxable income of $100,000? Taxable income Tax

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Question 5 Given the tax rates as shown, what is the marginal tax rate for a firm with taxable income of $100,000? Taxable income Tax Rate (%) $0 - 50,000 15 50,001 -75,000 25 75,001 - 100,000 34 100,001 -335,000 39 A. 22.25% B. 27.09% C. 34.00% D. 39.00% B D A C

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