FINANCIAL ACCOUNTING-W/SOLN.MANUAL
14th Edition
ISBN: 9781285477978
Author: Weil
Publisher: CENGAGE L
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Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respect to average tax rates?
Taxpayer
Salary
Muni-Bond Interest
Total Tax
Mihwah
$ 20,500
$ 6,150
$ 1,558
Shameika
$ 81,500
$ 19,250
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