Question: Please Help! I cannot seem to get the correct answer for b. Suppose that Carson earns $80,000 per year but must pay income taxes according
Please Help! I cannot seem to get the correct answer for b.
Suppose that Carson earns $80,000 per year but must pay income taxes according to the tax schedule as shown below Tax Rate (%) 10 15 25 30 40 Income $0 to $7,000 $7,001 to $33,000 $33,001 to $75,000 $75,001 to $142,000 $142,001 and above Instructions: Round your answers to the nearest whole number a. According to this table, what type of income tax does Carson face? Progressive tax b. Assume that Carson has no tax exemptions or deductions. How much in income taxes must Carson pay
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