The table shown displays the marginal tax rates that correspond to each taxable income bracket for an individual.
Consider two individuals: Griffin and Dalia. Griffin has $90,000 of taxable income and Dalia has $95,000 of taxable income. Which of the following statements is true?
A) Dalia owes $3,625 more in taxes than Griffin.
B) Griffin owes $1,250 more in taxes than Dalia.
C) Dalia owes $1,250 more in taxes than Griffin.
D) None of these are correct.
Correct Answer:
Verified
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