Question: Let y represent the tax and x represent the taxable income of a single taxpayer. a. Use the tax schedule to write three equations in
Let y represent the tax and x represent the taxable income of a single taxpayer.
a. Use the tax schedule to write three equations in y = mx + b form for values of x that are greater than or equal to $100,000.
b. Use the distributive property and combine like terms to show how the equations relate to the tax computation worksheet below. Show your work and explain your reasoning?
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a For the 28 tax bracket y 1605625 028x 78850 y 1605625 028x 22078 y 028... View full answer
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