Question: Question 1: Problem 1-52 (LO 1-5) (Algo) Given the following tax structure: Taxpayer Salary Total tax Mae $ 22,000 $ 1,760 Pedro $ 27,000 ???

Question 1:

Problem 1-52 (LO 1-5) (Algo)

Given the following tax structure:

Taxpayer Salary Total tax
Mae $ 22,000 $ 1,760
Pedro $ 27,000 ???

Required:

a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable based on the tax rate paid?

Required A

Minimum Tax =

Note: Round final answer to nearest whole dollar amount.

b. This would result in what type of tax rate structure?

Tax Rate Structure =

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