Business, 07.05.2021 17:20, kevonmajor

Daisy Co. has $267,000 in taxable income and Binget Co. has $1,600,000 in taxable income. Suppose both firms have identified a new project that will increase taxable income by $10,000. The additional project will increase Daisy Co.'s taxes by and Binget Co.'s taxes by . Taxable Income Tax Rate $ 0 - 9,525 10 % 9,525 - 38,700 12 38,700 - 82,500 22 82,500 - 157,500 24 157,500 - 200,000 32 200,000 - 500,000 35 500,000 37

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Daisy Co. has $267,000 in taxable income and Binget Co. has $1,600,000 in taxable income. Suppose bo...