Question

A certain state uses the following progressive

Answer 1

The state income task owed on a salary of $60,000 per year according to the given ranges is; $3,450.

What is the state income tax owed by the $60,000 per year?

It follows from the task content that for incomes of 17, 001 and above, the tax rate is; 5.75% .

Hence, it follows that for an individual whose in one is $60,000 per year, the state income tax owed is;

Tax = 5.75% of $60,000

= $3,450

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