Gina makes $75,000. What is his effective tax rate if the tax brackets are the following? - 0% on income from $0 - $12,000 -
Gina makes $75,000. What is his effective tax rate if the tax brackets are the following?
- 0% on income from $0 - $12,000
- 10% on income from $12,000 - $24,000
- 25% on income from $24,000 - $65,000
- 35% on income from $65,000+
| 35% | ||
| 25% | ||
| 19.9% | ||
| $14,950 |
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Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
