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1. Kerney's EBT is $450,000. What is the marginal tax rate?
Before-Tax Income (EBT) Tax Rate
$0 - $50,000 15%
$50,001 - $75,000 25%
$75,001 - $100,000 34%
$100,001 - $335,000 39%
$335,001 - $10,000,000 34%
$10,000,001 - $15,000,000 35%
$15,000,001 - $18,333,333 38%
Over $18,333,333 35%
A) 15%
B) 25%
C) 34%
D) 35%
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