Multiple Choice
Manny, a single taxpayer, earns $65,000 per year in taxable income and an additional $12,00704) per year in city of Boston bonds.If Manny earns an additional $35,000 in taxable income in year 2017, what is his marginal tax rate on this income? (Use tax rate schedule.)
A) 25.69%
B) 25.00%
C) 21.89%
D) 28.00%
E) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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