This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Tax Base and Tax StructureThe table shows income tax brackets for the country of Ficta.Income Tax ... (Read 577 times)

effaey

  • Full Member
  • ***
  • Posts: 153
on: Nov 23, 2022
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
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by effaey on Nov 23, 2022

kyledifference

  • Full Member
  • ***
  • Posts: 177
Reply #1 on: Nov 23, 2022
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 29% of students answer this correctly


effaey

  • Member
  • Posts: 153
Reply 2 on: Nov 23, 2022
Gracias!

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Evaluate the angle of the nail base Evaluate the angle of the nail base
Periodic Table Periodic Table
Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ... Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ...
A mechanism for peptidyltransferase involving A2451 (E. coli) as a general base A mechanism for peptidyltransferase involving A2451 (E. coli) as a general base
table table
Relationship of a DNA base sequence to peptide structure Relationship of a DNA base sequence to peptide structure
Video: Brain Anatomy Animation (Part 2 of 2)

For a complete list of videos, visit our video library