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Business, 19.01.2021 19:20 abemorales
The following table shows the marginal tax rates for unmarried individuals for two years.
2009 2010
On Taxable The Tax Rate On Taxable The Tax Rate is...
Income... is... Income...
$0 to $15,000 10% Over $0 20%
$15,000 to $40,000 15%
$40,000 to $75,000 20%
$75,000 to 25%
$120,000
Over $120,000 30%
Refer to Table: For an individual who earned $35,000 in taxable income in both years, which of the following describes the change in the individual's marginal tax rate between the two years?
a. The marginal tax rate increased from 2009 to 2010.
b. The marginal tax rate decreased from 2009 to 2010.
c. The marginal tax rate remained constant from 2009 to 2010.
d. The change in the marginal tax rate cannot be determined for the two ta schedules shown.
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The following table shows the marginal tax rates for unmarried individuals for two years.
2009 2010...
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