Your income last year accounts to 7700000 tax bracket are


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?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: Your income last year accounts to 7700000 tax bracket are
Reference No:- TGS01289638

Expected delivery within 24 Hours