Erin has a tax credit of $100 and a marginal tax rate of 28 percent.Erin's income tax liability will be reduced by how much as a result of the credit?
(a)$100
(b)$128
(c)$28
(d)$2,800

Question

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The Answer of Erin has a tax credit of $100 and a marginal tax rate of 28 percent.Erin's income tax liability will be reduced by how much as a result of the credit?
(a)$100
(b)$128
(c)$28
(d)$2,800

Erin Has a Tax Credit of $100 and a Marginal