Business, 28.11.2019 22:31, Sugarfoots4736

Suppose you are offered a $5,000 raise at work. your marginal income tax rate is 28%. your average tax rate is 20%. the additional income tax you owe to the federal government (assuming you stay in the same rate bracket) if you accept the job will
a. $1,250.
b. $1,000.
c. $1,400.
d. $250.
e. $150.

Answers: 2

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Suppose you are offered a $5,000 raise at work. your marginal income tax rate is 28%. your average t...