Marginal tax rate for the current year


Clara Tonne is subject to a 15% marginal tax rate for the current year. What marginal tax rate two years from now will make Clara indifferent between a $10,000 deduction now, versus a $10,000 deduction in two years? (Use a discount rate of 6%)

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Accounting Basics: Marginal tax rate for the current year
Reference No:- TGS048721

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