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3 years ago

In a certain jurisdiction, John who is earning $35,000 currently pays a flat percentage of 15% in income tax. The tax

Mathematics

1 answer:

goldfiish [28.3K]3 years ago

7 0

Answer: $1,250

<u>Step-by-step explanation:</u>

Flat percentage income tax: $35,000 × 0.15 = $5,250

Progressive income tax: $20,000 × 0.10 + $15,000 × 0.30 = $6,500

The difference between the two tax rates: $6,500 - $5,250 = $1,250

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