The income tax requires that taxpayers pay 10 percent on
The income tax requires that taxpayers pay 10 percent on the first $50,000 of income and 20 percent on all income over $50,000. Elizabeth paid $9,250 in taxes. What were her marginal and average tax rates?
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the income tax requires that taxpayers pay 10 percent on the first 50000 of income and 20 percent on all income over
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