Biology Forums - Study Force

Table 18-6

Income Tax Bracket	Marginal Tax Rate
$0 - 8,000	12%
8,001 - 22,000	17%
22,001 - 48,000	25%
48,001 and over	38%

Table 18-6 shows the income tax brackets and tax rates for single taxpayers in Calpernia.


Refer to Table 18-6. Sasha is a single taxpayer with an income of $60,000. What is his marginal tax rate and what is his average tax rate?

• marginal tax rate = 38%; average tax rate = 23%

• marginal tax rate = 17%; average tax rate = 21%

• marginal tax rate = 38%; average tax rate = 24%

• marginal tax rate = 23%; average tax rate = 38%

Content hidden