Question: this is the only table I need help with. there are other tables I can attach pictures which I got correct answers to but I

this is the only table I need help with. there are other tables I can attach pictures which I got correct answers to but I dont know if theyre needed for this question
this is the only table I need help with. there
this is the only table I need help with. there
this is the only table I need help with. there
Discretionary income is the income people have left over after paying for necessities like rent, food, transportation, etc. The cost of basic expenses does increase with income, since housing and car costs are higher, however usually not proportionally. For each income group, an estimate of their essential expenses has been given. Compute the effective tax rate for each plan, relative to discretionary income Idivide the tax naid hur the dierrntinnsonvimenmen proms iv vile uecimat place tor all effective rates.) in income taxes to be able to function. The population consists of six (6) groups: Group A: 19 households that earn $13,000 each - Group B: 19 households that earn $33,000 each - Group C: 20 households that earn $55,000 each - Group D: 21 households that earn $79,000 each - Group E: 16 households that earn $134,000 each - Group F: 5 households that earn $301,000 each This scenario is roughly proportional to the actual United States population and tax needs. We are going to determine new income tax rates. Flat Tax The first proposal we'll consider is a flat tax .. one where every income group is taxed at the same percentage rate. What is the total income of ourhix groups (all 100 households)? $ Awesome What flat tax rate would be necessary in order to collect $950,000 ? 5 (round to one decimal place) Modified Flat Tax The second proposal we'll consider is a modiffed flat-tax plan, where everyone only pays taxes on any income over $20,000. So everyone in group A will pay no taxes. Everyone in group B will pay taxes on $13,000. Everyone in group C will only pay taxes on $35,000. ete

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