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Marginal Tax Rate Assignment

Author:
February 18th, 2020

Manny, a single taxpayer, earns $30,000 per year in taxable income and an additional $5,000 per year in city of Boston bonds.

If Manny earns an additional $10,000 in taxable income in year 2018, what is his marginal tax rate on this income? (Use tax rate schedule)

 

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