2. How much would a single person whose tasse income 3150/have to pay in vedere income Social Security and Medicare taxes? Use the following tax rate schedule and remember that the Social Security tax rate is 6.2% up to an income limit of $142,800 while the Medicare tax rate is 1.45% on all Income earned: Tax brackets income taxed MTR Tanes pald 0 9.875 10% 9,875 40,125 12% 85,525 22% 40,125 85,525 163,300 24% Total a) (4 points) Total federal income taxes paid Please show all your work b) (1 point) This taxpayer's federal MTRES b) (1 point) This taxpayer's federal MTR is c) (1 point) does this person pay 24% of his taxable income in federal taxes? d) (1 point) This person pays work) percent of his taxable income in tederal taxes (ATR) (show e) (1 point) The tax rate of 22% applies to dollars of this person's income. f) (2 points) Federal income taxes are an example of taxes because (please clearly justify your answer with numeric examples) s) (5 points) This tax payer pays (please show your work) in Social Security taxes with a SS MTR of and a SS ATR of(show work) The Social Security tax paid by this tax payer is because (justify the tax system that applies) in Medicare taxes (please show h) (5 points) This tax payer pays (show work) and a Medicare ATR of work) with a Medicare MTR of because justify the tax The Medicare tax paid by this tax payer is system that applies) 2. How much would a single person whose tasse income 3150/have to pay in vedere income Social Security and Medicare taxes? Use the following tax rate schedule and remember that the Social Security tax rate is 6.2% up to an income limit of $142,800 while the Medicare tax rate is 1.45% on all Income earned: Tax brackets income taxed MTR Tanes pald 0 9.875 10% 9,875 40,125 12% 85,525 22% 40,125 85,525 163,300 24% Total a) (4 points) Total federal income taxes paid Please show all your work b) (1 point) This taxpayer's federal MTRES b) (1 point) This taxpayer's federal MTR is c) (1 point) does this person pay 24% of his taxable income in federal taxes? d) (1 point) This person pays work) percent of his taxable income in tederal taxes (ATR) (show e) (1 point) The tax rate of 22% applies to dollars of this person's income. f) (2 points) Federal income taxes are an example of taxes because (please clearly justify your answer with numeric examples) s) (5 points) This tax payer pays (please show your work) in Social Security taxes with a SS MTR of and a SS ATR of(show work) The Social Security tax paid by this tax payer is because (justify the tax system that applies) in Medicare taxes (please show h) (5 points) This tax payer pays (show work) and a Medicare ATR of work) with a Medicare MTR of because justify the tax The Medicare tax paid by this tax payer is system that applies)