Katarina,a Single Taxpayer,has Total Income from All Sources of $100,000

question 13

Multiple Choice

Katarina,a single taxpayer,has total income from all sources of $100,000 for 2017.Her taxable income after taking into consideration $25,000 in deductions and $10,000 in exclusions is $65,000.Katarina's tax liability is $11,989.What are Katarina's marginal,average,and effective tax rates?

• A)28% marginal;18.4% average;18.4% effective.
• B)25% marginal;16.0% average;16.0% effective.
• C)25% marginal;16.0% average;18.5% effective.
• D)25% marginal;18.4% average;16.0% effective.
• E)28% marginal;16.0% average;18.4% effective.

---

Definitions:

Sources of Power

Various bases or origins from which individuals or groups can exert influence or control over others, such as authority, expertise, or personal attraction.

Value System

A set of consistent personal or cultural beliefs and attitudes that guide the behavior and judgments of an individual or group.

Influence

The ability to influence the personality, growth, or actions of an individual or entity.

Political Skill

Political skill is the ability to effectively understand others at work and to use such knowledge to influence others to act in ways that enhance personal and/or organizational objectives.