Multiple Choice
John and Rachelle face a progressive tax structure that has the following marginal tax rates: 0 percent on the first $10,000,10 percent on the next $10,000,15 percent on the next $10,000,25 percent on the next $10,000 and 50 percent on all additional income.John earns $50,000 per year,and Rachelle earns $50,000 per year.If John and Rachelle get married,the "marriage tax" will be
A) $10,000
B) $15,000
C) $20,000
D) $35,000
Correct Answer:
Verified
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