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Author Question: Tax Base and Tax StructureThe table shows income tax brackets for the country of Ficta.Income Tax ... (Read 103 times)

effaey

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Tax Base and Tax Structure

The table shows income tax brackets for the country of Ficta.
Income Tax BracketsTax Rate
$0-$10,0007%
$10,001-$40,00012%
$40,001-$85,00020%
$85,001-$160,00028%
$160,001-$205,00036%
$205,001-$510,00039%
Over $510,00045%
Assume that all residents of Ficta have no exemptions or deductions from their incomes.
Suppose Lucia makes $90,000 a year, how much is her tax payment? Suppose Benicio makes $45,000 a year, how much is his tax payment?
Please round your final answer to two decimal places.
◦ $34,300.00, $13,300.00
◦ $47,700.00, $5,500.80
◦ $25,200.00, $9,000.00
◦ $14,700.00, $5,300.00


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Marked as best answer by effaey on Nov 23, 2022

kyledifference

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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effaey

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Reply 2 on: Nov 23, 2022
Excellent


6ana001

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Reply 3 on: Yesterday
:D TYSM

 

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