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Consider the following tax brackets in China.

Lower tax bracketUpper tax bracketTax rate (%)
02499932
250004999932
500007499932
75000or higher32

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

 

Consider the following tax brackets in China.

Lower tax bracketUpper tax bracketTax rate (%)
02499928
250004999927
500007499926
75000or higher25

Suppose that a person earns $52001.

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


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