Proposed New Tax Plan:

For taxable income from $0 to $45,000, you pay 12% of it in taxes, plus For taxable income from $45,001 to $200,000, you pay 25% of it in taxes, plus For taxable income from $200,001 to $500,000, you pay 35% of it in taxes, plus For taxable income of $500,001 or more, you pay 39.6%.

Where the standard deduction was raised to $12,200 and the personal exemption was eliminated. For the remaining exercises, we will only consider this proposed tax plan.

1. Complete both of the tables below:

Taxable Income
Lower Bound	Upper Bound	Rate	Maximum Money in Bracket	Maximum Tax in Bracket
$0	$45,000	12%		$5,400
$45,000			$155,000
$200,000				$105,000
	No Limit		No Limit	No Limit
Total Income
Lower Bound	Upper Bound	Rate	Maximum Money in Bracket	Maximum Tax in Bracket
$0	$12,200	0%	$12,200	$0
	$57,200		$45,000
				$38,750
$512,200	No Limit		No Limit	No Limit

1. How many slopes would be on this graph?
2. Write a function to model the total tax paid, T(x), with a total income of x dollars.
3. How much does a person pay in taxes if their total income is $210,000?
4. What is the slope of the line when an individual's total income is $210,000?

NOTE: For a Total Income of $85,000, an individual would pay $12,350 in taxes.