question archive If a taxpayer is in the 24% marginal tax bracket, this means a)the last dollar earned by the taxpayer is taxed at 24% but some portions of her income are taxed at lower rates b)all of her taxable income is taxed at the 24% rate c)all of her taxable income above $137,700 is taxed at 24% d)none of the above is correct
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If a taxpayer is in the 24% marginal tax bracket, this means
a)the last dollar earned by the taxpayer is taxed at 24% but some portions of her income are taxed at lower rates
b)all of her taxable income is taxed at the 24% rate
c)all of her taxable income above $137,700 is taxed at 24%
d)none of the above is correct