The Nation of Taxylvania uses a bracketed income tax system. Thetax brackets are listed be
The Nation of Taxylvania uses a bracketed income tax system. Thetax brackets are listed below. Use this information to answer thenext three questions. Round your answers to the nearest wholedollar.
income taxrate
0-14,999 10%
15,000-39,999 15%
40,000 and over 20%
What is your marginal tax rate? Round your answer to two decimalplaces.
Abhinav
02-Dec-2019