### What would be the marginal tax rate on the extra income

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Leonardo, who is married but files separately, earns \$80,000 of taxable income. He also has \$15,000 in city of Tulsa bonds. His wife, Theresa, earns \$50,000 of taxable income.

Required information

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 2015?

27.75%

17.50%

25.00%

28.00%

None of these

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