The tax rates are as shown below: Taxable Income Tax Rate $ 0 5

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The tax rates are as shown below:

Taxable Income Tax Rate

$ $0 - 50, 000 15 %$

$50, 001 - 75, 000 25 %$

$75, 001 - 100, 000 34 %$

$100, 001 - 335, 000 39 %$

The taxable income is $ $80, 700 .$ How much additional tax will you owe if you increase your taxable income by $ $21, 900 ?$

Related Book For answer-question

Elementary Linear Algebra with Applications

ISBN: 978-0471669593

9th edition

Authors: Howard Anton, Chris Rorres

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Posted Date: Feb 23, 2024 10:25 PM

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The tax rates are as shown below: Taxable Income Tax Rate $ 0 5

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To calculate the additional tax owed if the taxable income is increased by 21900 we need to determin... View the full answer

Elementary Linear Algebra with Applications

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