Question 2 View Policies Current Attempt in Progress The U.S. Corporate Tax Rate Schedule is shown below. rt EXHIBIT 11.6 US. Corporate Tax Rate Schedule in 2016 Just like the tax system for individuals, the tax system for corporations in the United States is progres sive, with marginal tax rates ranging from 15 percent to as high as 39 percent Taxable Income More Than But Not More Than Tax Owed $50,000 50 15% of amount beyond S S7,500+25% of amount beyond $50,000 $13,750+34 of amount beyond $75,000 $22.250+39% of amount beyond $100,000 $113,900+34% of amount beyond $335,000 $3,400,000+35% of amount beyond $10,000,000 $5.150,000+38% of amount beyond $15,000,000 $50,000 S75.000 $75,000 $100000 $100,000 $335,000 S335000 S10,000,000 S15,000,000 S18.333,333 $10000,000 $15,000,000 S18,333,333 35% on all income (a) What was the marginal tax rate of a corporation that had a taxable income of $10.1 million in 2016? Marginal tax rate % eTextbook and Media Attempts: 0 of 3 used Save for Later MacBook Air FB 10 & 7