Manny, a Single Taxpayer, Earns $65,000 Per Year in Taxable

Multiple Choice

Manny, a single taxpayer, earns $65,000 per year in taxable income and an additional $12,000 per year in city of Boston bonds. If Manny earns an additional $35,000 in taxable income in 2019, what is his marginal tax rate (rounded) on this income? (Use tax rate schedule.)

A) 18.01 percent
B) 22.00 percent
C) 22.90 percent
D) 24.00 percent
E) None of the choices are correct