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The amount a household spends in a year depends, in part, on their income. Consider the following data for four households (and be sure to

The amount a household spends in a year depends, in part, on their income. Consider the following data for four households (and be sure to complete the last two columns):

Household

Income

Spending

Tax Paid

Tax as a % of

Income

A

$12,000

$12,000

B

$25,000

$23,000

C

$50,000

$40,000

D

$100,000

$75,000

A. Calculate the amount each household will pay in taxes if a 12% sales tax is applied to all spending. (2 points)

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