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Which of the statements about hydrogen is false?
Marginal Tax Rate
The rate at which the last dollar of a taxpayer's income is taxed, indicative of their highest tax bracket.
Average Tax Rate
The proportion of total income paid in taxes, calculated by dividing the total amount of taxes paid by total income.
Tax Rate Schedules
These are charts provided by the IRS that determine the amount of tax to be paid by individuals, corporations, and other entities based on their income level.
Tax Tables
Charts provided by the IRS to help taxpayers determine how much income tax they owe based on their income level and filing status.
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