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If Personal Income Up to and Including $25,000 Is Not

Question 202

Multiple Choice

If personal income up to and including $25,000 is not taxed,income of $25,001 to $50,000 is taxed at 10%,and income over $50,000 is taxed at 20%,then a family earning an income of $75,000 will pay _____ in personal taxes.


A) $6,000
B) $7,500
C) $11,250
D) $15,000

Correct Answer:

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