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On the tax bracket table, choose all the marginal tax rates that will apply to a single taxpayer with a taxable income of [tex]\$75,000[/tex].

\begin{tabular}{|l|l|}
\hline \multicolumn{2}{|c|}{ Single Taxpayers: Income Brackets } \\
\hline Tax Rate & Income Bracket \\
\hline $10 \%[tex]$ & 0 to 9,525 \\
\hline $[/tex]12 \%[tex]$ & 9,526 to 38,700 \\
\hline $[/tex]22 \%[tex]$ & 38,701 to 82,500 \\
\hline $[/tex]24 \%[tex]$ & 82,501 to 157,500 \\
\hline $[/tex]32 \%[tex]$ & 157,501 to 200,000 \\
\hline $[/tex]35 \%[tex]$ & 200,001 to 500,000 \\
\hline $[/tex]37 \%[tex]$ & $[/tex]>500,000$ \\
\hline
\end{tabular}

Sagot :

GinnyAnswer
For a single taxpayer with a taxable income of [tex]$75,000, let's identify which marginal tax rates apply based on the given tax brackets. 1. 10% Tax Rate: - This rate applies to the income from $[/tex]0 to [tex]$9,525. - Since $[/tex]75,000 exceeds this bracket, the first [tex]$9,525 of the income will be taxed at 10%. 2. 12% Tax Rate: - This rate applies to the income from $[/tex]9,526 to [tex]$38,700. - Since $[/tex]75,000 exceeds this bracket, the amount from [tex]$9,526 to $[/tex]38,700 will be taxed at 12%.

3. 22% Tax Rate:
- This rate applies to the income from [tex]$38,701 to $[/tex]82,500.
- The [tex]$75,000 income falls within this bracket, so the amount from $[/tex]38,701 to [tex]$75,000 will be taxed at 22%. 4. 24% Tax Rate and Above: - These rates apply to incomes exceeding $[/tex]82,500, [tex]$157,500, $[/tex]200,000, and [tex]$500,000 respectively. - Since $[/tex]75,000 does not exceed these brackets, these rates do not apply.

As a result, the correct marginal tax rates that apply to a single taxpayer with a taxable income of $75,000 are 10%, 12%, and 22%.
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