C Chibola New member Mar 6, 2011 #1 If taxes are $2,000 when income is $15,000 and they are $3,000 when income is $19,000, then the marginal tax rate is: A) 20 percent. B) 25 percent. C) 30 percent. D) 40 percent. Please tell me how you calculated it?
If taxes are $2,000 when income is $15,000 and they are $3,000 when income is $19,000, then the marginal tax rate is: A) 20 percent. B) 25 percent. C) 30 percent. D) 40 percent. Please tell me how you calculated it?