Shara's 2018 taxable income is $39,000 before considering charitable contributions. Shara is a single individual. She makes a fully deductible donation of $5,000 to the American Heart Association in December 2018. By how much did Shara's marginal tax rate decline simply because of the donation?
A) 0%
B) 7%
C) 3%
D) 5%
E) 10%
Correct Answer:
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