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TABLE 3.7 Personal tax rates, 2016 Single Taxpayers 0-9,275 9,276-37,650 37,651-91,150 91,151-190, 150 190,151-413,350 413,351-415,050 415,051 and above Taxable Income ($) Married Taxpayers Filing Joint

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TABLE 3.7 Personal tax rates, 2016 Single Taxpayers 0-9,275 9,276-37,650 37,651-91,150 91,151-190, 150 190,151-413,350 413,351-415,050 415,051 and above Taxable Income ($) Married Taxpayers Filing Joint Returns 0-18,550 18,55175,300 75,301151,900 151,901-231,450 231,451-413,350 413,351-466,950 466,951 and above Tax Rate (%) 10.0 15.0 25.0 28.0 33.0 35.0 39.6 14 Losses can be carried back for a maximum of 3 years and forward for up to 15 years. What would be the marginal and average tax rates for a married couple with taxable income of $90,000? For an unmarried taxpayer with the same income? Use Table 3.7. (Do not round intermediate calculations. Enter the marginal tax rate as a percent rounded to 1 decimal place. Enter the average tax rate as a percent rounded to 1 decimal place.) a. What would be the marginal tax rate for a married couple with income of $90,000? Marginal tax rate for a married couple b. What would be the average tax rate for a married couple with income of $90,000? Average tax rate for a married couple c. What would be the marginal tax rate for an unmarried taxpayer with income of $90,000? Marginal tax rate for an unmarried taxpayer d. What would be the average tax rate for an unmarried taxpayer with income of $90,000? Average tax rate for an unmarried taxpayer

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