Margary

This page lists questions and answers that were posted by visitors named Margary.

Questions

The following questions were asked by visitors named Margary.

Suppose the income tax rate schedule is 0 percent on the first $10,000; 10 percent on the next $20,000; 20 percent on the next $20,000; 30 percent on the next $20,000; and 40 percent on any income over $70,000. Family A earns $28,000 a year and Family B e...
16 years ago

Answers

The following answers were posted by visitors named Margary.

Is the answer D? (I picked D I think the marginal tax rates are correct, but I'm not sure how to calculate the extra tax paid)
16 years ago