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Sul Help Save & Exit I The following table shows the U.S.rates of personal tax as of year 2016, and these tax rates presented in

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Sul Help Save & Exit I The following table shows the U.S.rates of personal tax as of year 2016, and these tax rates presented in this table are marginal tax rates. Single Taxpayers Married Taxpayers Filing Joint Returns Tax Rate (1) 0-$9,275 0-$18,550 10.0 $9,276-$37,650 $18,551-$75,300 15.0 $37,651-$91,150 $75,301-$151.900 25.0 $91,151-$190,150 $151,901-$231.450 28.0 $190.151-$413,350 $231451-$413,350 33.0 $413,351-$415,050 $413,351-$466,950 35.0 $415,051 and above $466.951 and above 39.6 Based on this table, answering the following questions: (Please show your intermediate processes, instead of just a final number for your answers. Only round your final answers to two decimal places) al. Suppose there is a person called Alpha who has an annual income of $300,000 and Alpha's spouse has an annual income of $20,000. What doilar amount of tax do Alpha and Alpha's spouse each need to pay respectively, if they choose to file their taxes separately? What dolor amount of tax they need to pay if they choose to file their taxes jointly? 22. What are teh average tax rates for Alpha and Alpha's spouse respectively, if they choose to flle separately? What is the average tax rate if they choose to file jointly? b1. Suppose there is another person called Beta who has an annual income of $160,000 and Beta's spouse also has an annual income of $160,000. What dollar amount of tax do Beta and Beta's spouse each need to pay respectively, if they choose to file their taxes separately? What dollar amount of tax they need to pay if they choose to file their taxes Jointly? b2. What are the average tax rates for Beta and Beta's spouse respectively, if they choose to file separately? What is the average tax rate if they choose to file Jointly? c. Based on what you obtained from at to b2, what are the conclusions you could infer regarding the ways of filing taxes? (what are the advantages and disadvantages of these two ways?)

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