Question: Using the chart provided compute the total taxes, average tax rate, and marginal tax rate for an individual with the taxable income specified: Taxable Income

Using the chart provided compute the total taxes, average tax rate, and marginal tax rate for an individual with the taxable income specified:
Taxable Income =$128,603
\table[[Taxable Income,Tax Rate,Taxable Amount,Incremental Taxes],[$0-$9,525,10%,,],[$9,525-$38,700,12%,,],[$38,700- $82,500,22%,,],[$82,500- $157,500,24%,,],[$157,500- $200,000,32%,,],[$200,000- $500,000,35%,,],[$500,000- or more,37%,,],[,Total Taxes,,],[Aver,ge Tax Rate,,],[Margi,al Tax Rate,,]]
Taxable Income =$200,000
4
 Using the chart provided compute the total taxes, average tax rate,

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