Problem 7 Intro The corporate tax rates are as follows: Taxable income ($) Tax rate...
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Problem 7 Intro The corporate tax rates are as follows: Taxable income ($) Tax rate 15% 25% 34% 39% 0- 50,000 50,001- 75,000 75,001 - 100,000 100,001- 335,000 335,001- 10,000,000 10,000,001- 15,000,000 15,000,001- 18,333,333 18,333,334+ 34% 35% 38% 35% Part 1 Attempt 1/3 for 10 pts. What is the marginal tax rate for the company with a taxable income of $2,000,000? 3+ decimals Submit Part 2 Attempt 1/3 for 10 pts. What is the marginal tax rate for the company with a taxable income of $71 million? 3+ decimals Submit
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