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

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 $160 if he is in the 25% marginal tax bracket.
B) Tom must earn at least $160 if he is in the 33% marginal tax bracket.
C) Tom must earn at least $150 if he is in the 25% marginal tax bracket.
D) Tom must earn at least $135 if he is in the 15% marginal tax bracket.
E) None of these.