(Answered) Demonstrate graphically the cost of income taxation of 30

Economics

Demonstrate graphically the cost of income taxation of 30% to consumers and producers for an income of $27,908?

How does the taxation change if the income was $220,874?

How does this variation affect people and corporations?

Use the graph functions of Word or Excel to assist you-You will need two graphs (one at $27,908 and one at $220,874).

Answer the question about variation in a few sentences at the bottom of your document.

Submit as a Word, rich text or Excel attachment.

Be thorough and provide additional research citing real-world examples.

Use the virtual library to find additional resources and cite your sources.

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