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Don Works for OPG in a Management Position

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Don works for OPG in a management position. Due to the economic turndown, provincial government has frozen management pays since 2009. In 2010, federal tax brackets and tax rates were as follows:
Don works for OPG in a management position. Due to the economic turndown, provincial government has frozen management pays since 2009. In 2010, federal tax brackets and tax rates were as follows: Using the above table and Table 3.3 in the book, compare his federal tax payed in 2010 versus that payed in 2012 on an annual compensation of $134 595. Using the above table and Table 3.3 in the book, compare his federal tax payed in 2010 versus that payed in 2012 on an annual compensation of $134 595.

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Federal tax in 2010 = 15% × 40970 + 22% ...

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