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Timmy Tappan is single and had $ 1 9 2 , 0 0 0 in taxable income. Using the rates from Table 2 . 3
Timmy Tappan is single and had $ in taxable income. Using the rates from Table in the chapter, calculate his income taxes.
a What is the average tax rate? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
b What is the marginal tax rate? Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole number, eg
tablea Average tax rate,,
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