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The Figure Below Show a Simplified Version of the Current

Question 48

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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 $39 500 will pay ________ in income taxes. A) $0 B) $6122 C) $5925 D) $6109 E) $8690 FIGURE 18-2
-Refer to Figure 18-2.An individual with a taxable income of $39 500 will pay ________ in income taxes.


A) $0
B) $6122
C) $5925
D) $6109
E) $8690

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