Kimberly's employer provides her with a personal travel allowance of $25,000 annually. Her marginal tax rate is 32 percent. Her employer has a marginal tax rate of 21 percent. What is Kimberly's after-tax benefit, ignoring payroll taxes?

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The Answer of Kimberly's employer provides her with a personal travel allowance of $25,000 annually. Her marginal tax rate is 32 percent. Her employer has a marginal tax rate of 21 percent. What is Kimberly's after-tax benefit, ignoring payroll taxes?

Kimberly's Employer Provides Her with a Personal Travel Allowance of $25,000