4. Taxable pay for Phillip is: a) $270,000 b) $ 326,000 c) $ 280,000 d) $151,000 5. NIS for John is: a) 2,350.00 b) $3125.00 c) $2,787.50 d) $3,600.00 e) $2820.00 6. NIS for Carmen is: a) 2,760.00 b) $3750.00 c) $2,787.50 d) $4,950.00 7. The current monthly tax threshold (tax free pay) is: a) $100,000 b) $125,000 c) 1,000,000 d) $1,500,000 e) $225,000 8. The current monthly NIS rate is: a) 2.5% b) 1.5% c) 2.25% d) 3.0% e) None of the above Budgeting