According to an analysis of a proposed federal tax cut by an accountingfirm, a single person with a household income of $43 comma 000

43,000 would save $264

264 in incometaxes, while a single person with a household income of $580 comma 000

580,000 would save $12 comma 057

12,057 in taxes. A married couple with two children and a household income of $43 comma 000

43,000 would save $1420

1420 in incometaxes, while a married couple with two children and a household income of $580 comma 000

580,000 would save $13 comma 381

13,381 in taxes. Complete parts(a) through(c) below.

a. Find the absolute difference in tax savings between a single person earning $43 comma 000

43,000 and a single person earning $580 comma 000

580,000.

The absolute difference is $

minus

. (Type a wholenumber.)

Express the tax savings as a percentage of earnings for each person.

For a single person earning $43 comma 000

43,000, the tax savings is

nothing

% of their income.

For a single person earning $580 comma 000

580,000, the tax savings is

nothing

% of their income.

(Type integers or decimals rounded to the nearest tenth asneeded.)

b. Find the absolute difference in tax savings between a married couple with two children earning $43 comma 000

43,000 and a married couple with two children earning $580 comma 000

580,000.

The absolute difference is $

nothing

. (Type a wholenumber.)

Express the tax savings as a percentage of earnings for each couple.

For a married couple with two children earning $43 comma 000

43,000, the tax savings is

nothing

% of their income. For a married couple with two children earning $580 comma 000

580,000, the tax savings is

nothing

% of their income.

(Type integers or decimals rounded to the nearest tenth asneeded.)

c. Do the proposed tax cuts helplower-income people? Explain your reasoning.

For a singleperson, the tax cuts help just as much as

help just as much as

do not help as much as

help more than

they help ahigher-income single person. For a married couple with twochildren, the tax cuts do not help