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Consider the following tax brackets in Canada.

Lower tax bracketUpper tax bracketTax rate (%)
02499929
250004999924
500007499919
75000or higher14

Given this data, what type of taxes do they have in Canada?

 

Consider the following tax brackets in Japan.

Lower tax bracketUpper tax bracketTax rate (%)
02499929
250004999924
500007499919
75000or higher14

Suppose that a person earns $74001.

Given this data, what is this pearson's marginal tax rate?


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