Question: Using the following cutoffs for different tax brackets, what is the income tax liability for a taxpayer who has $ 1 6 0 , 0

Using the following cutoffs for different tax brackets, what is the income tax liability for a taxpayer who has $160,000 of taxable income? (taxable income means that all deductions and exemptions are already accounted for)
Hint: do not use a tax table, calculate using the rates and do not use a $ sign
Example: if the answer is $20,000 enter 20,000
10%- $18,450
15%- $74,900
25%- $151,200
28%- $230,450
33%- $411,500
35%- $464,850
39.6%- above $464,850

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