The third plan we will consider is a progressive tax, where lower income groups are taxes at a lower percent rate, and higher income groups are taxed at a higher percent rate. For simplicity, assume that a household is taxed at the same rate on all their income.

Set progressive tax rates for each income group to bring in enough money ($800,000). There is no single correct answer. Just make the tax progressive and make sure to bring in enough money.

Upload a picture of your filled in table:

\begin{tabular}{|l|l|l|l|l|l|} \hline Group & Income per household & Tax rate (%) & Income tax per household & Total tax collected for all households & Income after taxes per household \\ \hline A & $12,000 & & & & \\ \hline B & $29,000 & & & & \\ \hline C & $50,000 & & & & \\ \hline D & $79,000 & & & & \\ \hline E & $129,000 & & & & \\ \hline F & $295,000 & & & & \\ \hline \end{tabular}