Multiple Choice
Table 12-7
The following table shows the marginal tax rates for unmarried individuals for two years.
-Refer to Table 12-7. For an individual who earned $80,000 in both years, which of the following statements is true regarding the individual's marginal tax rate?
A) The marginal tax rate is higher in 2010 than in 2009.
B) The marginal tax rate is the same in 2010 as it was in 2009.
C) The marginal tax rate is lower in 2010 than in 2009.
D) With a proportional tax, as in 2010, it is not possible to determine the individual's marginal tax rate so it is not possible to compare the marginal tax rates in the two years.
Correct Answer:

Verified
Correct Answer:
Verified
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