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Joan Sanchez Is Single and Earns $40,000 in Taxable Income

Question 69

Multiple Choice

Joan Sanchez is single and earns $40,000 in taxable income.She uses the following tax rate schedule to calculate the taxes she owes. Joan Sanchez is single and earns $40,000 in taxable income.She uses the following tax rate schedule to calculate the taxes she owes. What is Joan's marginal tax rate? A) 10% B) 15% C) 25% D) 28% E) between 10% and 15%
What is Joan's marginal tax rate?


A) 10%
B) 15%
C) 25%
D) 28%
E) between 10% and 15%

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