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Author Question: Erin has a tax credit of $100 and a marginal tax rate of 28 percent. Erin's income tax liability ... (Read 158 times)

neverstopbelieb

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Erin has a tax credit of $100 and a marginal tax rate of 28 percent. Erin's income tax liability will be reduced by how much as a result of the credit?


◦ $100
◦ $128
◦ $28
◦ $2,800


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Marked as best answer by neverstopbelieb on Apr 12, 2019

krakiolit

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