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On a Particular Saturday, Tom Had Planned to Paint a Room

Question 89

Multiple Choice

On a particular Saturday, Tom had planned to paint a room in his house, but his employer gave him the opportunity to work that day.If Tom works, he must hire a painter for $120.For Tom to have a positive cash flow from working and hiring the painter:


A) Tom must earn more than $158 if he is in the 24% marginal tax bracket.
B) Tom must earn at least $158 if he is in the 32% marginal tax bracket.
C) Tom must earn at least $140 if he is in the 24% marginal tax bracket.
D) Tom must earn at least $120 if he is in the 12% marginal tax bracket.
E) None of these.

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