If Leonardo earned an additional $30,000 of taxable income this year, what would be the marginal tax rate (rounded) on the extra income for year 2014?

If Leonardo earned an additional $30,000 of taxable income this year, what would be the marginal tax rate (rounded) on the extra income for year 2014? 




A. 27.75%

B. 17.50%

C. 25.00%

D. 28.00%

E. None of these





Answer: D


Learn More :