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If a Firm Has Taxable Income of $17

Question 216

Multiple Choice

If a firm has taxable income of $17.5 million and a total tax bill of $6.1 million, its marginal tax rate is _______. A) 15% B) 25% C) 34% D) 38% E) 39% If a firm has taxable income of $17.5 million and a total tax bill of $6.1 million, its marginal tax rate is _______.


A) 15%
B) 25%
C) 34%
D) 38%
E) 39%

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