Question: Problem 1 : Pay Uncle Sam Last year you made $ 1 6 0 , 0 0 0 and your spouse made $ 5 0

Problem 1: Pay Uncle Sam
Last year you made $160,000 and your spouse made $50,000. The tax schedule for
single filers and married couples is given below:
SINGLE FILER
FILLING JOINTLY
Estimate your average and marginal tax rate.
Estimate the average and marginal tax rate of your spouse.
Estimate your average and marginal tax rate if you file jointly with your spouse.
How much will you save on taxes if you decide to file jointly (compared to the
two spouses filing separately)?
Problem 1: Pay Uncle Sam Last year you made $160,000 and

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