suppose the income tax rate is 0 percent on the first $10,00

suppose the income tax rate is 0 percent on the first $10,00; 10 percent on the next 20,000; 20 p… Show more suppose the income tax rate is 0 percent on the first $10,00; 10 percent on the next 20,000; 20 percent on the next $20,000; 30 percent on the next 20,000 and 40 percent on all income above $70,000. Family A has income of $82,000 while Family B has income of $37,000. What are the marginal tax rates by the two families? • Show less

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