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Refer to the Above Data

Question 56

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Refer to the above data.If your taxable income increases from $4000 to $5000,you will encounter a marginal tax rate of: A) 40 percent. B) 25 percent. C) 15 percent. D) 10 percent. When income rises $1000,taxes rise $400 . Refer to the above data.If your taxable income increases from $4000 to $5000,you will encounter a marginal tax rate of:


A) 40 percent.
B) 25 percent.
C) 15 percent.
D) 10 percent.
When income rises $1000,taxes rise $400 .

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