This topic contains a solution. Click here to go to the answer

Author Question: Briana, who is single, has taxable income for the current year of $78,000, resulting in a total tax ... (Read 86 times)

Capo

  • Hero Member
  • *****
  • Posts: 545

Question 1

Arthur pays tax of $5,000 on taxable income of $50,000 while taxpayer Barbara pays tax of $12,000 on $120,000. The tax is a
◦ progressive tax.
◦ proportional tax.
◦ regressive tax.
◦ None of these.

Question 2

Briana, who is single, has taxable income for the current year of $78,000, resulting in a total tax of $15,271. Her total economic income is $98,000.  Briana's average tax rate and effective tax rate are, respectively,
◦ 19.58% and 15.58%.
◦ 25% and 28%.
◦ 19.58% and 25%.
◦ 15.58% and 19.58%.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Capo on Sep 13, 2020

xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
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.
Answer Preview
Only 32% of students answer this correctly




Capo

  • Member
  • Posts: 545
Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)


parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

For a complete list of videos, visit our video library