What is marcs current marginal tax rate

Reference no: EM131911335

Problem

Marc, a single taxpayer, earns $60,000 in taxable income and $5,000 in interest from an investment in city of Birmingham Bonds. Using the U.S. tax rate schedule for year 2016, what is his current marginal tax rate?

Reference no: EM131911335

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What is marcs current marginal tax rate : Marc, a single taxpayer, earns $60,000 in taxable income and $5,000 in interest from an investment in city of Birmingham. What is his current marginal tax rate?

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