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Terry Is a Worker in the Country Pretoria

question 91

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Terry is a worker in the country Pretoria. His salary is $46,000 and his taxable income is $52,000. Pretoria imposes a Worker Tax as follows:

Employers withhold a tax of 20% of all wages and salaries. If taxable income as reported on the employee's income tax return is greater than $50,000, an additional 10% tax is withheld on all income. Terry's marginal tax rate is:


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A major neurotransmitter in the nervous system that plays key roles in brain development, learning, and memory.

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