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Business, 22.01.2021 01:50 kbraggs13

The average tax on a professor's income of $100,000 is 18%, and the marginal tax rate above $100,000 is 45%. If the professor teaches during the summer and earns an additional $10,000 (bringing her total earnings for the year to $110,000), how much of the summer income does she keep after paying taxes

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The average tax on a professor's income of $100,000 is 18%, and the marginal tax rate above $100,000...
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