(Solved): 2. For the marginal tax rates given in the following table, calculate the amount of tax paid and th ...

2. For the marginal tax rates given in the following table, calculate the amount of tax paid and the average tax rate for two friends: Mike (Income \( =\$ 65,000 \) ) and Jamil (Income \( =\$ 325,000 \) ). Show your work, then fill in the blanks for \( \mathrm{a} \) ) and b) below. a) (4p) Mike pays 5 \( \% \). Show your work. in taxes, and his average tax rate is b) (4p) Jamil pays Show your work. in taxes and her average tax rate is