Please help me with this, this is due at the end of class 1. the tax percentage listed above are marginal tax rates which means that the percentage in boldface only applies to the income in a given range. What is the marginal tax rate on a single filer with $75,000 taxable income?

2. What's the maximum amount a married couple filing jointly could make and still fall within the 2% tax brackets?

3. How could you describe the relationship between income levels and marginal tax rates?

4. Assume a single person and married couple (filing jointly) have the same income of $65,000. Who would pay a higher income tax?

5. Would you expect the average tax paid by taxpayers to be more or less than their marginal tax rates? Provide an example to your answer.