A certain state uses the following progressive
tax rate for calculating individual income tax:
Income Progressive
Range ($) Tax Rate
0 - 10,000
3%
10,001 - 50,000 5%
50,001 - 100,000 5.5%
Calculate the state income tax owed on a $50,000
per year salary.
tax = $[?]
Six billion, three hundred ninety-two million, ninety-four thousand and three.
( If it's wrong, please comment about it. )
Answer:
Step-by-step explanation:
2.5(3)
31.5-(2.5*3)
31.5-7.5
24/3=8
$8 per slice