Essay
The City of Willford levies a flat 7% tax on individual income in excess of $55,000.Individuals who earn $55,000 or less pay no income tax.
A.Ms.Vello earned $127,200 income this year.Compute her city income tax and determine her average tax rate.
B.Mr.Sui earned $68,900 income this year.Compute his city income tax and determine his average tax rate.
C.Does Willford have a proportionate,progressive,or regressive tax rate structure?
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A.Ms.Vello's tax is $5,054 ($72,200 × 7%...View Answer
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