Question: Sean Yoo is single and had $ 2 1 2 , 0 0 0 in taxable income. Using the rates from Table 2 . 3

Sean Yoo is single and had $212,000 in taxable income. Using the rates from Table 2.3 in the chapter, calculate his income taxes. What is the average tax rate? Note: Do not round intermediate calculations and enter your answer a percent rounded to 2 decimal places , e.g.,32.16 b. What is the marginal tax rate ? Note: Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole numbere.g.32 Table 2.3 Personal Tax Rates for 2023(Unmarried Individuals) Tax Rate 10%1222 Taxable Income t*theta -11000; 11-44.725; 44.725-95,375; 95.375-182.1; 182,100-231,25theta; matrix 231.258-538.125 matrix 578,125+24323537

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