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(Solved): Scot and Vidia, married taxpayers, earn $240,500 in taxable income and $5,000 in interest from an in ...



Scot and Vidia, married taxpayers, earn $240,500 in taxable income and $5,000 in interest from an investment in City of Tampa bonds. (Use the U.S. tax rate schedule for married filing jointly.) Required: If Scot and Vidia earn an additional $80,500 of taxable income, what is their marginal tax rate on this income?



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