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hurtmaybe hurtmaybe
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7 months ago
You have taxable income of $60,000 (22% federal marginal tax bracket). If you combine your federal marginal tax with payroll tax and state income tax, your total marginal tax rate on additional earnings is 37.65%. You learn that your employer will give you a $5,000 bonus at the end of the year. How much of your bonus will you be able to spend? (Round to the nearest whole dollar.)

▸ $3,750

▸ $3,118

▸ $1,250

▸ $1,883
Textbook 
Personal Finance

Personal Finance


Edition: 2nd
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voltayrevoltayre
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7 months ago
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hurtmaybe Author
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7 months ago
This site is awesome
alpheratz
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
djeghri
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2 hours ago
This helped my grade so much Perfect
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