Solved

If Heather's Tax Liability Increases from $10,000 to $16,000 When

Question 15

Multiple Choice

If Heather's tax liability increases from $10,000 to $16,000 when her income increases from $30,000 to $40,000, her marginal tax rate is

A) 33 percent.
B) 35 percent.
C) 50 percent.
D) 60 percent.

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