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A New Brunswick Resident Earned $20,000 in Interest Income and $10,000

Question 220

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A New Brunswick resident earned $20,000 in interest income and $10,000 in capital gains. Calculate the average tax rate.  Combined marginal tax rates for individuals in top provincial tax brackets \textbf{ Combined marginal tax rates for individuals in top provincial tax brackets }
A New Brunswick resident earned $20,000 in interest income and $10,000 in capital gains. Calculate the average tax rate. \textbf{ Combined marginal tax rates for individuals in top provincial tax brackets } A) 40.03% B) 39.03% C) 38.03% D) 37.03% E) 36.03%


A) 40.03%
B) 39.03%
C) 38.03%
D) 37.03%
E) 36.03%

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