Finance Assignment | Top Essay Writing

The tax rates are as shown. Your firm currently has taxable income of 79,800.

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How much additional tax will you owe if you increase your taxable income by 22,300?

Taxable Income Tax Rate
0-50,000 15%
50,001 – 75,000 25%
75,001 – 100,000 34%
100,001 – 335,000 39%

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