Katarina, a single taxpayer, has total income from all sources of $100,000 for 2014. Her taxable income after taking into consideration $25,000 in deductions and $10,000 in exclusions is $65,000. Katarina's tax liability is $12,106. What are Katarina's marginal, average, and effective tax rates?

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The Answer of Katarina, a single taxpayer, has total income from all sources of $100,000 for 2014. Her taxable income after taking into consideration $25,000 in deductions and $10,000 in exclusions is $65,000. Katarina's tax liability is $12,106. What are Katarina's marginal, average, and effective tax rates?

Katarina, a Single Taxpayer, Has Total Income from All Sources