Home / Questions / a. Suppose Kim and Kanye both earn $70000 so their combined income is $140000 Using the t...
a. Suppose Kim and Kanye both earn $70,000 (so their combined income is $140,000). Using the tax bracket information in Table 1.2, calculate the combined tax bill that they would pay if they remain single, and compare that to the taxes they would pay if they were married and filed a joint return.
b. Now suppose that Kim and Kanye both earn $100,000 (so their combined income is $200,000). Calculate the combined tax bill that they would pay if they remain single, and compare that to the taxes that they would pay if they were married and filed a joint return.
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