John earns $65000/yr, he pays 10% income tax for under $30000 and 14% between $30000 to $50000

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John earns $65000/yr, he pays 10% income tax for under $30000 and 14% between $30000 to $50000 and 19% above $50000. what is his effective income tax?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Mar 09, 2024 11:02 AM

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John earns $65000/yr, he pays 10% income tax for under $30000 and 14% between $30000 to $50000

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Calculating the tax for the income below 30000 10 of 30000 3000 Calcating the t... View the full answer

Income Tax Fundamentals 2013

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