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The Figure Below Show a Simplified Version of the Current

Question 91

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The figure below show a simplified version of the current (2015) Canadian federal income-tax system.The marginal income-tax rates for the four ranges of income are 15%,22%,26%,and 29%,respectively. The figure below show a simplified version of the current (2015) Canadian federal income-tax system.The marginal income-tax rates for the four ranges of income are 15%,22%,26%,and 29%,respectively. FIGURE 18-2 -Refer to Figure 18-2.An individual with a taxable income of $98 125 will pay $________ in income taxes. A) 15 209 B) 18 807 C) 22 513 D) 25 513 E) 28 456 FIGURE 18-2
-Refer to Figure 18-2.An individual with a taxable income of $98 125 will pay $________ in income taxes.


A) 15 209
B) 18 807
C) 22 513
D) 25 513
E) 28 456

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