What is the marginal tax rate for a couple filing jointly

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Using Exhibit 2.6, what is the marginal tax rate for a couple, filing jointly, if their taxable income is $20,000? $40,000? $60,000? What is their tax bill for each of these income levels? What is the average tax rate for each of these income levels?

Text Book: Investment Analysis and Portfolio Management By Frank Reilly, Keith Brown.

Reference no: EM13924596

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