Q- If you earn $174,020 a year in total income, what percentage of your total income do you pay in taxes?

A- 18.89% (how do I get this answer given this information?)

A B D 1 Total Income $47,500 2 3 Personal Exemption 4 Standard Deduction 5 6 Taxable Income $0 $12,400 Th 3 9 12% Tax Brackets (for Taxable income) Lower Upper $9.875 9.875 S40.125 40.125 S8S.525 85.525 $163.300 163.300 $207,350 207.350 SS18.400 $18.400 No limit TH 6 : 7 37%