Question: In early 2012, Mei Lings gross pay increased from $75 000 per year to $83 000 per year. (a) What was the annual percent increase
In early 2012, Mei Ling’s gross pay increased from $75 000 per year to $83 000 per year.
(a) What was the annual percent increase in Mei Ling’s pay before federal income taxes?
(b) What was the annual percent increase in Mei Ling’s pay after federal income taxes were deducted?
Use the 2012 federal income tax brackets and rates in Table 3.3 to answer the question.
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