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Sean has $200 of taxable income. Using the following tax brackets, determine the amount of income taxes Sean owes if Sean is eligible for a
Sean has $200 of taxable income. Using the following tax brackets, determine the amount of income taxes Sean owes if Sean is eligible for a $50 tax credit The first $50 (for income $0 to $50), 0% tax rate The next $100 (for income $51 to $150), 50% tax rate For all remaining income (above $150), 60% tax rate
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