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Taxable Income Tax Rate $0 - 50,000 15% 50,001 - 75,000 25% 75,001 - 100,000 34% 100,001 - 335,000 39% Nevada Mining currently has taxable
Taxable Income Tax Rate $0 - 50,000 15% 50,001 - 75,000 25% 75,001 - 100,000 34% 100,001 - 335,000 39% Nevada Mining currently has taxable income of $80,400. How much additional tax will the firm owe if taxable income increases by $22,200
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