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Jurisdiction M Imposes an Individual Income Tax Based on the Following

Question 38

Multiple Choice

Jurisdiction M imposes an individual income tax based on the following schedule. Jurisdiction M imposes an individual income tax based on the following schedule.   Which of the following statements is false? A)  If Ms. Lui's taxable income is $33,400, her average tax rate is 5%. B)  If Mr. Bell's taxable income is $519,900, his marginal tax rate is 12%. C)  If Ms. Vern's taxable income is $188,000, her average tax rate is 7.2%. D)  None of the above is false. Which of the following statements is false?


A) If Ms. Lui's taxable income is $33,400, her average tax rate is 5%.
B) If Mr. Bell's taxable income is $519,900, his marginal tax rate is 12%.
C) If Ms. Vern's taxable income is $188,000, her average tax rate is 7.2%.
D) None of the above is false.

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