Max Smith has $60,000 of taxable income.If his average tax rate is 20 percent and his marginal tax rate is 31 percent,how much tax (in dollars)does he pay?

Name: Max Smith has $60,000 of taxable income.If his average tax rate is 20 percent and his marginal tax rate is 31 percent,how much tax (in dollars)does he pay?
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The Answer of Max Smith has $60,000 of taxable income.If his average tax rate is 20 percent and his marginal tax rate is 31 percent,how much tax (in dollars)does he pay?

Max Smith Has $60,000 of Taxable Income