1.Marginal rates below are imaginary to demonstrate the concept of marginal tax rates:

$0 -------------------------------------$10,0000% tax rate

$10,000------------------------------$25,00015% tax rate

$25,001------------------------------$40,00020% tax rate

$40,001-------------------------------$500,00070% tax rate

The families below have taxable income subject to the above tax brackets.

1.$5,000 How much total tax will family one pay? ________________

2.$20,000 How much total tax will family two pay? ________________

3.$30,000 How much total tax will family three pay? ________________

4.$100,000 How much total tax will family four pay? ________________

2. Are the above tax rates progressive or regressive? Why?