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The 39 percent and 38 percent tax rates both represent what is called a tax “bubble.” Suppose the… 1 answer below » The 39 percent and 38 percent tax rates both represent what is called a tax “bubble.” Suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $214,000. What would the new 39 percent bubble rate have to be? Feb 02 2016 11:57 P
