assessed on Shameika to make the taxprogressive with respect to average taxrates?Total taxDivide by Salary incomeAverage tax rate for MihwahTaxable income for ShameikaX Average tax rateTax baxed on average tax rateAverage tax rate for Mihwah=73616,000= 4.673616000Shameika must pay greater than $3080 to make taxrate progressiveMinimum tax4.60%680004.60%3,1283,129x 100

In the case of a progressive taxation system, the tax rate rises with an increase in the taxable…

Answered: Total tax Divide by Salary income…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter2: The Domestic And International Financial Marketplace

Section2.A: Taxes

Problem 3P

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Total tax Divide by Salary income Average tax rate for Mihwah Taxable income for Shameika X Average tax rate 736 16000 4.60% 68000 4.60%