Suppose your corporation has a taxable income of $200,000. Given the tax rates as shown, what is the tax bill? Taxable income Tax Rate $0-$50,000 15% $50,001 - 75,000 $75,001 - 100,000 $100,001 - 335,000 39% $335,001 - 10,000,000 34% 25% 34% $61,250 $78,000 $65,500 $82,100 $95,400