Answer :
To determine the top marginal tax rate for high income earners in the 2023 tax year, you need to look at the specified rates for that year. The top marginal tax rate is the highest percentage of tax that applies to the last dollar of someone's taxable income.
### Step-by-Step Solution:
1. Identify the Options: You have four options for the top marginal tax rate:
- a. 38 percent
- b. 39.6 percent
- c. 36.9 percent
- d. 37 percent
2. Determine the Correct Rate: Based on the information provided, we need to determine which of these rates is applicable for high-income earners in 2023.
3. Select the Correct Answer:
- The top marginal tax rate for high income earners in the 2023 tax year is 39.6 percent.
### Conclusion:
Thus, the correct answer is:
b. 39.6 percent
### Step-by-Step Solution:
1. Identify the Options: You have four options for the top marginal tax rate:
- a. 38 percent
- b. 39.6 percent
- c. 36.9 percent
- d. 37 percent
2. Determine the Correct Rate: Based on the information provided, we need to determine which of these rates is applicable for high-income earners in 2023.
3. Select the Correct Answer:
- The top marginal tax rate for high income earners in the 2023 tax year is 39.6 percent.
### Conclusion:
Thus, the correct answer is:
b. 39.6 percent