Question

An investor who has $75,000 in taxable income purchases a building that produces another $15,000 in taxable income. What is the investor's marginal tax rate?


Taxable Income Marginal Tax Rate
$0 - $34,000 15%
$34,001 - $82,150 28%
Over $82,150 31%

A) 29.50%

B) 29.57%

C) 28.00%

D) 31.00%

Answer

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