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Scot and Vidia, married taxpayers, earn $ 2 4 0 , 1 0 0 in taxable income and $ 5 , 0 0 0 in
Scot and Vidia, married taxpayers, earn $ in taxable income and $ in interest from an investment in City of Tampa bonds. Use the US tax rate schedule for married filing jointly.
Required:
If Scot and Vidia earn an additional $ of taxable income, what is their marginal tax rate on this income?
What is their marginal tax rate if instead, they report an additional $ in deductions?
Note: For all requirements, do not round intermediate calculations. Round your answers to decimal places.
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