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The government of Pirate Islands Imposes an Individual income tax based on the following schedule. Rate Income bracket 496 $-0- to $40,000 7% $40,001 to
The government of Pirate Islands Imposes an Individual income tax based on the following schedule. Rate Income bracket 496 $-0- to $40,000 7% $40,001 to $180,000 11% $180,001 and above PeeDee has $90,000 taxable income. Compute the tax on this income. O $5,100 O $3,600 O $4,950 O None of the choices are correct.The government of Pirate Islands imposes a net income tax on businesses operating within its junadiction. The box equal 5% of comes up to $600,000 and 7% of income in excess of $600,000 Pirates Company generated $800,000 net income this year. Compute T income tax that Pirates Company owes to Pirate Islands O $40,000 O $44,000 $56,000 O None of the aboveThe Charlotte County of Flonda charges automobiles $6 for every trip across the Boca Grande Causeway This charge is an example of a(n) O User's fee Transaction-based tax O Activity-based tax O Excise tax
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