Question: Problem 1: Pay Uncle Sam Last year you made 150,000$ and your spouse made 50,000$. The tax schedule for single filers and married couples is

Problem 1: Pay Uncle Sam Last year you made 150,000$ and your spouse made 50,000$. The tax schedule for single filers and married couples is given below: 1. Estimate your average and marginal tax rate. 2. Estimate the average and marginal tax rate of your spouse. 3. Estimate your average and marginal tax rate if you file jointly with your spouse. 4. How much would you save on taxes if you decided to file jointly? Problem 1: Pay Uncle Sam Last year you made 150,000$ and your spouse made 50,000$. The tax schedule for single filers and married couples is given below: 1. Estimate your average and marginal tax rate. 2. Estimate the average and marginal tax rate of your spouse. 3. Estimate your average and marginal tax rate if you file jointly with your spouse. 4. How much would you save on taxes if you decided to file jointly

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