To completely reimburse an employee's $100 federal tax liability, an employer would have to pay...

90.2K

Verified Solution

Question

Accounting

To completely reimburse an employee's $100 federal tax liability, an employer would have to pay the employee how much? The employee has a marginal tax rate of 25%.

$100
$125
$133
$129
None of the other answers is correct.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students