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Discuss what is the maximum income tax rate

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Reference no: EM131810385

What is the maximum income tax rate that applies to the employee salary, the employment tax rate(s) on the salary, and the capital gain rate(s) on the long-term capital gains, for these four single individual taxpayers in 2016?

a. Employee Salary = $27,000; Capital Gain = $9,000

b. Employee Salary = $132,000; Capital Gain = $24,000

c. Employee Salary = $176,000; Capital Gain = $139,000

d. Employee Salary = $285,000; Capital Gain = $248,000

Reference no: EM131810385

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