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Suppose someone makes $60,000 a year, and the marginal tax rates are 50% for income $0 to $25,000, 75% for income $25,000 to $50,000, 100%
Suppose someone makes $60,000 a year, and the marginal tax rates are 50% for income $0 to $25,000, 75% for income $25,000 to $50,000, 100% for income $50,000 and up? How much money in taxes is this person paying?
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