A single individual pays 7813 on a taxable income of 47810


A single individual pays $7,813 on a taxable income of $47,810 and $7,838 on a taxable income of $47,910. What is the marginal tax rate? a. 15 percent b. 16 percent c. 25 percent d. 50 percent.

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Financial Management: A single individual pays 7813 on a taxable income of 47810
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