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Tax Bracket Tax Rate $0 - $8,000 8 % $8,000 - $32,000 16 % $32,000 - $70,000 21 % $70,000 and above 28 % The

Tax Bracket Tax Rate
$0 - $8,000 8 %
$8,000 - $32,000 16 %
$32,000 - $70,000 21 %
$70,000 and above 28 %

The table above gives the progressive tax policy. Suppose you have income of $82,000, and are eligible for tax deductions of $4,000. Calculate your tax bill.

(Do not use dollar signs when you enter, just give a number rounded to the nearest dollar, such as 3420)

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