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Leya [2.2K]
2 years ago
11

A certain state uses the following progressive

Mathematics
1 answer:
Lady bird [3.3K]2 years ago
4 0

The state income tax owed on an $80,000 per year salary is; $4323

<h3>How to find the Total Tax?</h3>

We are given the progressive tax range for each income tax range as;

Income Tax Range of 0 to 3000 has a progressive tax rate of 2%.

Income Tax Range of 3001 - 5000 has a progressive tax rate of 3%

Income Tax Range of 5001  - 17,000 has a progressive tax rate of 5%

Income Tax Range of 17,001 and up has a progressive tax rate of 5.75%

The total tax due will be the sum of the amounts due in each bracket.

(2% × $3000) + (3%× (5000 -3000)) + (5% × (17000 - 5000)) + (5.75% × (80000 - 17000))

Total Tax Due  = 60 + 60 + 600 + 3622.5

Total Tax Due = $4322.5 ≈ $4323

The state income tax on $80,000 is $4323

Read more about Total Tax at; brainly.com/question/1775528

#SPJ1

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