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Refer to the Tax Rate Table above. Corporation Growth has $92000 in taxable income. Suppose Corporation Growth has identified a new project that will increase

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Refer to the Tax Rate Table above. Corporation Growth has $92000 in taxable income. Suppose Corporation Growth has identified a new project that will increase taxable income by $165000. How much in additional taxes will Corporation GrowthMarginal Tax Rates pay?

TAELE2 Corporate tax rates Taxable Income Tax Rate 50,000 75,000 - 100,000 100,001335,000 335,001 10,000,000 10,000,001 15,000,000 15,000,001 18,333,333 15% 25 34 39 34 35 38 35 50,001 75,001 18,333.334

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