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John is single, with a solid middle-class job. His taxable income for 2011 was $59, 512. a. What was his tax assessment for 2011? b.

John is single, with a solid middle-class job. His taxable income for 2011 was $59, 512.

a. What was his tax assessment for 2011?

b. His employer chose to match Social Security Administration Cost of Living Adjustments (COLA) so he received a 3.6% COLA for 2012. How does this salary increase affect his tax assessment for 2012? Show all steps needed to answer the question.

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