Question: Chuck, a single taxpayes, earns $ 7 8 , 2 0 0 in taxable income and $ 0 , 6 0 0 in intereet flon

Chuck, a single taxpayes, earns $78,200 in taxable income and $0,600 in intereet flon an investment in Cry of lieflin bands. Juse the US. lax rabe schediat?
Required:
a. If Chuck earns an additional $40,000 of taxable income, what a has marginal ter rate on this income?
b. What is his marginal rate if he had $40.000 of addicional deductions intinad?
Note: For all requirements, do net reund intermediate calculations. Bound paremtrape answers to 2 decimal places.
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Chuck, a single taxpayes, earns $ 7 8 , 2 0 0 in

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