Suppose that a nation decides to introduce a new income tax system with the tax brackets shown in the table. Income range Tax rate $0-$20,000 0% $20,001–$39,000 31% 42% $39,001-$70,000 $70,001+ 50% Use the table to calculate the average tax rate and marginal tax rate for each of the families. Where applicable, round your answer to the nearest whole number. Lee family Income = $123,000 Average tax rate: 60 Marginal tax rate: 50

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