Question: Compute the 2016 tax liability and the marginal and average tax rates for the following taxpayers (use the 2016 tax rate schedules in Appendix A
a. Chandler, who files as a single taxpayer, has taxable income of $93,000.
b. Lazare, who files as a head of household, has taxable income of $56,000.
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The basic tax rate structure is progressive with current rates ranging from 10 to 396 As 2016 ... View full answer
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