1. Suppose an economy consists of five people whose combined income is $100,000. Their individual incomes are Leslie, $4,000;

Lynn $8,000; Kristen, $18,000; Paul, $25,000; and Carol, $45,000. If the government creates a negative income tax system with a minimum income of $10,000 and a tax rate of 50 percent, how much income tax does each person pay?