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Help me please 1. Your friend says that you will pay $25,000 in taxes because that is 25% of 1 point your total income. Is

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Help me please

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1. Your friend says that you will pay $25,000 in taxes because that is 25% of 1 point your total income. Is that correct? Why or why not? * Your answer 2. How much do you have to pay in income taxes? * 1 point Your answer 3. What is your effective tax rate? * 1 point Your answer 4. How much is your disposable income (income after paying expenses and 1 point taxes)? * 5. Is this a proportional income tax system? How can you tell? * 1 point Your answer 6. Do you think that your country's income tax system is fair? Why or why 1 point not? * Your answer 7. You read an article about paying off your student loan debt early (see link 1 point below). According to the article, what should you do before you pay off your loan? * Your answer Article Link mpswww.nerdwallet.comfarticle1loansstudent-loansz[y-off-student-loans-early 8. Why is it a good idea to get rid of your credit card debt before paying off 1 point your student loans? * Your answer 9. What are some strategies to help you repay your student loan debt? * 1 point Your answer 10. Your employer's investment program earns 5% and matches 100% of 1 point your contributions up to $10,000. Why should you contribute to this program instead of repaying your student loan? * Your answer 11. Why would contributing to your employer's program be considered 1 point investing rather than saving? * Your

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