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Table 18-6 Table 18-6 Shows the Income Tax Brackets and Brackets

question 132

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Table 18-6
Table 18-6    Table 18-6 shows the income tax brackets and tax rates for single taxpayers in Monrovia. -Refer to Table 18-6.Sylvia is a single taxpayer with an income of $70,000.What is her marginal tax rate and what is her average tax rate? A) marginal tax rate = 30%; average tax rate = 30% B) marginal tax rate = 8%; average tax rate = 19.3% C) marginal tax rate = 30%; average tax rate = 22.5% D) marginal tax rate = 20%; average tax rate = 30% Table 18-6 shows the income tax brackets and tax rates for single taxpayers in Monrovia.
-Refer to Table 18-6.Sylvia is a single taxpayer with an income of $70,000.What is her marginal tax rate and what is her average tax rate?


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