Leonardo,who Is Married but Files Separately,earns $80,000 of Taxable Income

question 80

Multiple Choice

Leonardo,who is married but files separately,earns $80,000 of taxable income.He also has $15,000 in city of Tulsa bonds.His wife,Theresa,earns $50,000 of taxable income.If Leonardo earned an additional $30,000 of taxable income this year,what would be the marginal tax rate (rounded) on the extra income for year 2013?

• A)27.75%
• B)17.50%
• C)25.00%
• D)28.00%
• E)None of these

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Procedural Due Process

A legal principle requiring government actions against individuals to be conducted through a fair and transparent process, ensuring justice is served.

Suspect Classifications

Categories or classes of individuals that are likely to receive discriminatory treatment and thus warrant heightened scrutiny under constitutional equal protection analysis.

Equal Protection Clause

A provision in the Fourteenth Amendment to the United States Constitution that requires states to treat all individuals equally under the law.

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