Question

Using Table 3.6, calculate the marginal and average tax rates for a single taxpayer with the...

Using Table 3.6, calculate the marginal and average tax rates for a single taxpayer with the following incomes: (Do not round intermediate calculations. Round your answers to 1 decimal place.) 25000 60000 310000 4000000

Single Taxpayers    Tax rate %

$0-$9,525    10%

9526-38700    12%

38701-82500    22%

82501-157500    24%

157501-200000    32%

200001-500000 35%

500001 and above    37

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