Using the facts in the previous problem, if Scot and Vidia earn an additional $70,000 of taxable
Question:
Using the facts in the previous problem, if Scot and Vidia earn an additional
$70,000 of taxable income, what is their marginal tax rate on this income? How would your answer differ if they, instead, had $70,000 of additional deductions?
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Related Book For
McGraw-Hill's Taxation Of Individuals
ISBN: 9781259729027
2017 Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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