Your income last year accounts to 7700000 tax bracket are, Ask an Expert

Economics

Your income last year accounts to $77,000.00 tax bracket are as follows :$0 - 20,000 pays 5% Above $20,000 to $50,000 pays 10% above $50,000 pays 15%

a) How much is your tax at the end of the year using 15% proportional income tax?

b) How much is your tax at the end of the year using progressive income tax?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91678006

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