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(1) What is the total tax liability of this person? (2) What is the person's marginal tax rate? (3) What is the person's average tax

(1) What is the total tax liability of this person?

(2) What is the person's marginal tax rate?

(3) What is the person's average tax rate?

(4) Discuss the differentiate between tax evasion and tax avoidance with real-life examples.

(5) What is called progressive tax system? Do we have a progressive or regressive tax system in Australia?

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Income thresholds Rate Tax payable on this income $O - $18,200 0% Nil $18,201 - $37,000 19% 19c for each $1 over $18,200 $37,001 - $90,000 32.5% $3,572 plus 32.5% of amounts over $37,000 $90,001 - $180,000 37% $20,797 plus 37% of amounts over $90,000 $180,000 and over 45% $54,097 plus 45% of amounts over $180,000 A person's gross income is $100,000 and expenses are $1,500 for vehicle and travel; $500 for clothing, laundry and dry-cleaning; $200 for gifts and donations; $5,000 for home office; $800 for interest on home loan; and $7,000 for self- education. The person is also required to pay 2% medicate levy on his/her total taxable income

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