Mathematics, 21.10.2020 14:01 wildfire771003
Steve Forbes ran for US president in 1996 and 2000 on a platform proposing a 17% flat
tax, that is, an income tax that would simply be 17% of each tax payer's taxable
income. Suppose that Alice was single in the year 2016 with a taxable income of $40000.
a) What was Alice's tax? Use Tax table on page 292.
b) If the 17% flat tax proposed by Mr. Forbes had been in effect in 2016, what
would Alice's tax have been?
Answers: 1
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Steve Forbes ran for US president in 1996 and 2000 on a platform proposing a 17% flat
tax, that is,...
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