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Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respect to average tax

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Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respect to average tax rates? Muni -Bond Taxpayer Salary Interest Total Tax Mihwah $ 21, 500 $ 5,850 $ 1,333 Shameika $ 84,500 $ 29, 450 ??? x Answer is complete but not entirely correct. Minimum tax $ 523,901 XGiven the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respect to effective tax rates? Note: Round percentages to 1 decimal place. Round your final answer to nearest whole dollar amount. MuniBond Taxpayer Salary Interest Total Tax Mihwah 5 35,360 5 35,309 1. 3,856 Shameika $ T5,BBB 5 42,560 ??? _:| Song earns $192,500 taxable income as an interior designer and is taxed at an average rate of 20 percent {i_e_, $38,500 of tax}. Required: a. If Congress increases the income tax rate such that Song's average tax rate increases from 20 percent to 25 percent, how much more income tax will she pay assuming that the income effect is descriptive? Note: Round your intermediate calculations and nal answer to 2 decimal places. In. lfthe income effect is descriptive, the tax base and the tax collected will increase. Complete this question by entering your answers in the tabs below. Required A Required B If Congress increases the income tax rate such that Song's average tax late increases from 20 percent to 25 percent, how much more income tax will she pay assuming that the income effect is descriptive? Note: Round your intermediate calculations and nal answer to 2 decimal places. _:| Song earns $106,000 taxable income as an interior designer and is taxed at an average rate of 20 percent (i.e., $21,200 of tax). Answer the questions below assuming that Congress increases the income tax rate such that Song's average tax rate increases from 20 percent to 25 percent. Required: a. What will happen to the government's tax revenues if Song chooses to spend more time pursuing her other passions besides work in response to the tax rate change and therefore earns only $79,500 in taxable income? b. What is the term that describes this type of reaction to a tax rate increase? c. What types of taxpayers are likely to respond in this manner? Complete this question by entering your answers in the tabs below. Required A Required B Required C What is the term that describes this type of reaction to a tax rate increase

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