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Assume an individual earns a taxable income of $27,000 per year. The tax rate in their country is 11% 1) Calculate the taxes that required
Assume an individual earns a taxable income of $27,000 per year. The tax rate in their country is 11%
1) Calculate the taxes that required to pay
2)Determine the after-tax income
3)Assume that the government plans to allocate 22% of the tax revenue collected toward funding public healthcare programs; determine it.
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