Given the following marginal tax schedule, what would be the tax on $70,000 of taxable income? (5
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Question:
Given the following marginal tax schedule, what would be the tax on $70,000 of taxable income? (5 points)
$0 to 50,000 15%
50,001 to 75,000 25%
75,001 to 100,000 34%
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