A single person pays $4,500 in income taxes on a gross income of $30,000. How much would a single person be expected to pay if h
is gross income is $32,000? (Assume both incomes are in the same tax bracket.)
2 answers:
4500/30000 =0.15
32000 * 0.15 = 4800
T/32000=4500/30000, multiply both sides by 32000
t=32000*4500/30000
t=144000000/30000
t=$(14400/3)
t=$4800
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