Inactive Tutor answered 06/14/20
Tutor
New to Wyzant
Sona K.
asked 06/14/20If a person has an income of $100,000, what percent of his income does he pay in federal income tax if the tax rate is as given below? 15% of the first $30,000 of income, 28% of the next $30,000 of income, and 31% of all income in excess of $60,000.
Inactive Tutor answered 06/14/20
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Sona K.
Thank you so much! :)06/14/20