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Government G levies an income tax with the following rate structure: Taxpayer O earns $50,000 annually during years 1 through 10. Taxpayer P earns $20,000

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Government G levies an income tax with the following rate structure: Taxpayer O earns $50,000 annually during years 1 through 10. Taxpayer P earns $20,000 annually during years 1 through 5 and $80,000 annually during years 6 through 10 . Assume the tax rate bracket has not changed. Required: a. How much total income does each taxpayer earn over the 10 -year period? b. Compute each taxpayer's average tax fate for the 10-year period. Complete this question by entering your answers in the tabs below. Compute each taxpayer's average tax rate for the 10 -year period. Note: Round your answers to 1 decimal place. Government G levies an income tax with the following rate structure: Taxpayer O earns $50,000 annually during years 1 through 10. Taxpayer P earns $20,000 annually during years 1 through 5 and $80,000 annually during years 6 through 10 . Assume the tax rate bracket has not changed. Required: a. How much total income does each taxpayer earn over the 10 -year period? b. Compute each taxpayer's average tax fate for the 10-year period. Complete this question by entering your answers in the tabs below. Compute each taxpayer's average tax rate for the 10 -year period. Note: Round your answers to 1 decimal place

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