Question: Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respect to average tax
Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respect to average tax rates? Taxpayer Mihwah Shameika Muni-Bond Total Salary Interest Tax $16,500 $ 6,800 $ 792 $69,500 $ 29,500 ??? Answer is complete but not entirely correct. Minimum tax $ 3,336
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