What is their federal tax liability what is their marginal


Susan and Stan Britton ate a married couple who file a Joint income tax return, where the tax rates are based on the tax table 3.5. Assume that their taxable income this year was $414,000.

Round your answers to two decimal places. What is their federal tax liability? What is their marginal tax rate? What is their average tax rate?

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Financial Management: What is their federal tax liability what is their marginal
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