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Find the marginal tax rate for the following levels of corporate earnings before taxes:

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a. Find the marginal tax rate for the following levels of corporate earnings before taxes: $11,000, $81,600, $304,000, $496,000, $1,300,000, $9/3 million, and $20.4 million;b. B. Plot the average tax rates (measured on the y axis) against the pretax income levels (measured on the x axis). What generalization can be made concerning the relationship between these variables

 

Paper#28370 | Written in 18-Jul-2015

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