Given the following tax rates, Calculate the marginal tax rate on a British Columbia resident earning $40,000 in interest income. The resident is in the highest federal and provincial rate brackets.     Tax Rates Tax Brackets   Federal 15.00%          Up to $43,953          22.00             43,954−87,907          26.00             87,908−136,270          29.00             136,271 and over          British Columbia 5.06%          Up to $37,606          7.70             37,607−75,213          10.50             75,214−86,354          12.29             86,355−104,858          14.70             104,859−150,000          16.80             150,001 and over

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