Multiple Choice
Table 12-5
-Refer to Table 12-5.What is the marginal tax rate for a person who makes $35,000?
A) 20%
B) 30%
C) 40%
D) 50%
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q22: The revenue that the federal government collects
Q38: For state and local governments,sales taxes and
Q42: The U.S.federal government collects approximately what percentage
Q44: The U.S. federal government collects about<br>A)one-third of
Q44: The federal budget deficit in 2009 was
Q60: Changing the basis of taxation from income
Q67: The U.S. tax burden is<br>A)about the same
Q73: A family's income tax liability is<br>A)a standard
Q101: With a lump-sum tax, the<br>A)marginal tax rate
Q205: Sue earns income of $80,000 per year.