Calculate how much additional tax alpha inc will owe
Problem
Alpha inc.'s new project results in additional taxable income of $490,000. the average tax rate is 28.63%. The marginal tax rate is 29.93%. Calculate how much additional tax alpha inc. will owe.
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Alpha inc.'s new project results in additional taxable income of $490000. the average tax rate is 28.63%. Calculate how much additional tax alpha inc. will owe.
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