What is the average tax rate and marginal tax rate

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Reference no: EM131508086

Taxable income of $220,000 for the 2015 tax year.

Taxable Income Tax Rate $ 0 - 50,000 15% $50,001 - 75,000 25% $75,001 - 100,000 34% $100,001 - 335,000 35%

How much tax is due?

What is the average tax rate?

What is is the marginal tax rate?

Reference no: EM131508086

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