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2018 Marginal Tax Rates for Single Filers Tax rate 10% 12% 22% 24% 32% Incom Tax Brackets $0 $9,525 $9,526 $38,700 $38,701 $82,500 $82,501 $157,500 $157,501 $200,000 $200,001 $500,000 $500,001 or more 35% 37% Suppo…

Accounting
2018 Marginal Tax Rates for Single Filers Tax rate 10% 12% 22% 24% 32% Incom Tax Brackets $0 $9,525 $9,526 $38,700 $38,701 $8
Suppose after you graduate, and before you get married, you find a job that pays $170,000 per year. Not bad. Ignoring all the
Question 3 Continued. Suppose that the following year the top marginal tax rate increases from 37% to 70% while your income r
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