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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
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?
| Taxpayer | Salary | Muni-Bond Interest | Total Tax | |||
| Mihwah | $ | 12,000 | $ | 7,500 | $ | 660 |
| Shameika | $ | 56,000 | $ | 31,500 | ??? | |
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Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
