Personal Earnings. Ernest makes an annual taxable income of $74,500.00 what is his total tax based on the following rate (round to the nearest cent)? Taxable income Tax Rate $0 to $15,000.00 0.00% 5.15% $15,001.00 to $40,000.00 8.67% $40,001.00 to $100,000.00 $100,001.00 and 12.55% more a. $6,459.15 a Search E