This Worksheet is provided as a courtesy to aid your work. Use it at your own discretion.

Use the worksheets below to 1) calculate the tax that each person pays, and 2) the total tax revenue that will be collected. Use the following formula to calculate each person's tax liability:

Person X ($Income in this braquet x 0.15) + ($Income in this braquet x 0.30) = Tax Paid by Person X

Example 1; if person X earns $70,000/year, then ($50,000 x 0.15) + ($20,000 x 0.30) = $7,500 + $6,000 = $13,500

Example 2; if person X earns $10,000/year, then ($10,000 x 0.15) + ($0 x 0.30) = $1,500 + $0 = $1,500

Year 1 Tax Worksheet

Person	Year 1 Income	Income taxed at 15%	Income taxed at 30%	Total Tax Paid
Amy	$20,000
Betty	$40,000
Charlie	$60,000
Dimitry	$80,000
Evelyn	$100,000
			Year 1 Total Tax Revenue =

Year 2 Tax Worksheet

Person	Year 1 Income	Income taxed at 15%	Income taxed at 30%	Total Tax Paid
Amy
Betty
Charlie
Dimitry
Evelyn
			Year 1 Total Tax Revenue =