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Using the information provided in the table, who would you calculate the effective tax rate and the effective tax rate with credit? If + Rate

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Using the information provided in the table, who would you calculate the effective tax rate and the effective tax rate with credit?

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If + Rate Of the Income amount is more over than - 21,500 - 21,500 _ 79,400 2,150 15% 21,500 79,400 153,200 10,835 28% 79,400 153,200 233,050 31,499 153,200 233,050 - Taxpayer Michael $10,025 0 $ 1,003 Ted 25,664 35,000 _| _l _l _l _l _l _l 6) Complete the "income tax liability" and "effective tax rate colums" of the table above

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