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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 to the Dropbox, 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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