Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
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no
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<Ch 15: Homework
10 Question (3 points)
94% لي
SCORE
Use the 2019 U.S. federal tax rates in the table to calculate answers to the questions below. Give all answers to two decimals.
Taxable Income
Tax rate
$0-$9,700
10%
$9,701-$39,475
12
$39,476-$84,200
22
$84,201-160,725
24
$160,726-$204,100
32
$204,101-$510,300
35
Over $510,300
37
3rd attempt
If you have a taxable income of $343,540.00, what is your
QU
top marginal tax rate? 35
%
total tax bill? $
average tax rate?
%
e See](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb93af7f6-c3ae-4202-87d0-0e3f6f9c4ee1%2F363aa87e-95bf-476e-aa0c-3d3c0fd91b04%2F2f25t0m_processed.jpeg&w=3840&q=75)
Transcribed Image Text:nb
no
nk
<Ch 15: Homework
10 Question (3 points)
94% لي
SCORE
Use the 2019 U.S. federal tax rates in the table to calculate answers to the questions below. Give all answers to two decimals.
Taxable Income
Tax rate
$0-$9,700
10%
$9,701-$39,475
12
$39,476-$84,200
22
$84,201-160,725
24
$160,726-$204,100
32
$204,101-$510,300
35
Over $510,300
37
3rd attempt
If you have a taxable income of $343,540.00, what is your
QU
top marginal tax rate? 35
%
total tax bill? $
average tax rate?
%
e See
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