The table below shows an income tax schedule, expressed in nominal terms, for the year 2014. Family income $20,000 $20,001-$30,000 $30,001-$50,000 $50,001-$80,000 Taxes due (percent of income) 10 12 15 20 25 > $80,000 The legislature wants to ensure that families with a given real income are not pushed up into higher tax brackets by inflation. The CPI (times 100) is 165 in 2014 and 175 in 2016. Instructions: To calculate the adjusted income tax, enter the percentage rate of inflation rounded to one decimal place. Rate of inflation between 2014 and 2016: | %. To meet the legislature's goal, the income tax schedule for the year 2016 should be adjusted as shown in the following table: Instructions: Use your rounded rate of inflation when calculating the income tax schedule in the table below. Enter your responses as whole numbers. $ $ $ Family income to $ to $ to Taxes due (percent of income) 10 12 15 20