Maria makes $35,000 per year. After taking deductions and credits, Maria's total tax liability is $4,200. What is Maria's effective tax rate? Group of answer choices ...8.33% ...28% ...12% ...20%
Maria makes $35,000 per year. After taking deductions and credits, Maria's total tax liability is $4,200. What is Maria's effective tax rate? Group of answer choices ...8.33% ...28% ...12% ...20%
Chapter12: The Public Sector
Section: Chapter Questions
Problem 8SQ
Related questions
Question
Maria makes $35,000 per year. After taking deductions and credits, Maria's total tax liability is $4,200. What is Maria's effective tax rate?
Group of answer choices
...8.33%
...28%
...12%
...20%
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