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Consider the following tax brackets in Canada.

Lower tax bracketUpper tax bracketTax rate (%)
02499923
250004999923
500007499923
75000or higher23

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

 

Consider the following tax brackets in Mexico.

Lower tax bracketUpper tax bracketTax rate (%)
02499938
250004999935
500007499932
75000or higher29

Suppose that a person earns $4501.

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


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