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Refer to the information provided in Table 2 below to answer the question that follows Table 2 etal Income Tt 25) Refer to Table 2、The tax rate structure in this example is D) marginal. Refer to the information provided in Table 3 below to answer the question(s) that follow. Table3 26) Refer to Table 3. The tax rate structure in this example is A) proportional. B) progressive. C) regressive D) marginal Refer to Scenario I below to answer the question(s) that An individual carning $40,000 pays $3,200 in taxes. The marginal tax rate on any income earned above $40,000 is 20% 27) Refer to Scenario 1 When this person earns $40,000, her average tax rate is A)8%. B) 12.5% c) 20%. D) indeterminate from this information. 28) Refer to Scenario 1. When this person earns $60,000, her tax payment would be A) $4,000 B) $7.200 C) S12,000. D) indeterminate from this information 29) Refer to Scenario 1. When this person earns $60,000, her average tax rate is A) 12%. B) 14%. c) 20%. D) indeterminate from this information. 30) Refer to Scenario 1. Suppose this person carns $60,000 and gives a tax deductible donation of $1,000 to charity. The donation will reduce her tax payment by A) S80. B) S120 C) S200 D) $1,000
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