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Use the table to answer the questions. In relation to taxes, Fillmore will be filing as married filing separately. Fillmore is making $102,667.00 this year
Use the table to answer the questions. In relation to taxes, Fillmore will be filing as married filing separately. Fillmore is making $102,667.00 this year as an employee of Rust-Eze; he has no other income. Do not consider any deductions or expenses in this question. Tax rate Single Married filing separately Head of household 10% 15% 25% 28% 33% 35% $0-$8,350 | $8,351-$33,950 $33,951-$82,250 $82,251-$171,550 $171,551-$372,950 $372,951+ Married filing jointly or qualified widow(er) $0-$16,700 $16,701-$67,900 $67,901-$137,050 $137,051-$208,850 $208,851-$372,950 $372,951+ $0-$8,350 $8,351-$33,950 $33,951-$68,525 $68,526-$104,425 $104,426-$186,475 $186,476+ $0-$11,950 $11,951-$45,500 $45,501-$117,450 $117,451-$190,200 $190,201-$372,950 $372,951+ Use the table to calculate how much money Fillmore will owe in taxes under a progressive tax program. Give your answer to two decimals. Calculate how much money Fillmore will owe in taxes under a proportional tax (flat tax) rate of 30%. Give your answer to two decimals
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