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Using the Table 1.4 for the Corporate Tax Schedule, calculate the Marginal * 2 points Tax and Total Tax for earnings of $275,000 Marginal Tax

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Using the Table 1.4 for the Corporate Tax Schedule, calculate the Marginal * 2 points Tax and Total Tax for earnings of $275,000 Marginal Tax $59,500, Total Tax $81,750 Marginal Tax $68,250; Total Tax $90,500 Using the Table 1.4 for the Corporate Tax Schedule, calculate the Marginal * 3 points Tax, and Total Tax for earnings of $12,345,678. Also calculate the Average Tax Rate. Marginal Tax $745,521.30; Total Tax $3,445,652.30; Avg Tax Rate 35% Marginal Tax $820,987.30; Total Tax $4,220,987.30; Avg Tax Rate 34.18%

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