2019 Tax Rate Schedule for Single People For taxable income over... ...but not ...the marginal tax over... rate is: $0 $9,700 10% $9,700 $39,475 12% $39,475 $84,200 22% $84,200 $160,725 24% $160,725 $204,100 32% $204,100 $510,300 35% $510,300 37% a. Marissa will pay $ b. What share of her income would she be paying in taxes? in income taxes. %
2019 Tax Rate Schedule for Single People For taxable income over... ...but not ...the marginal tax over... rate is: $0 $9,700 10% $9,700 $39,475 12% $39,475 $84,200 22% $84,200 $160,725 24% $160,725 $204,100 32% $204,100 $510,300 35% $510,300 37% a. Marissa will pay $ b. What share of her income would she be paying in taxes? in income taxes. %
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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do fast.
![2019 Tax Rate Schedule for Single People
For taxable income
over...
...but not
...the marginal tax
over...
rate is:
$0
$9,700
10%
$9,700
$39,475
12%
$39,475
$84,200
22%
$84,200
$160,725
24%
$160,725
$204,100
32%
$204,100
$510,300
35%
$510,300
37%
a. Marissa will pay $
b. What share of her income would she be paying in taxes?
in income taxes.
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd7f14220-41b0-4ee5-9ce1-76ac37045481%2F74c2e5e5-750b-42b1-9286-296f88528836%2Fmhsuazo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2019 Tax Rate Schedule for Single People
For taxable income
over...
...but not
...the marginal tax
over...
rate is:
$0
$9,700
10%
$9,700
$39,475
12%
$39,475
$84,200
22%
$84,200
$160,725
24%
$160,725
$204,100
32%
$204,100
$510,300
35%
$510,300
37%
a. Marissa will pay $
b. What share of her income would she be paying in taxes?
in income taxes.
%
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