diau Suppose that you could elther prepare your own tax return in 5 hours or hire a tax specialist to prepare it for you in 1 hours. You value your time at $22.00 an hour, the tax specialist will charge you $65 an hour. The opportunity cost of preparing your own tax return is $175. $110. $130. $65.

An accountant wants to find the average amount of taxes owed under the new tax laws.  She plans to use only her clients who filed by March.  What type of study would this be?

MACROECONOMICS Progressive Tax Based on your yearly income above, calculate the amount of tax each income bracket would pay under a progressive tax plan. Each row up to the total income amount should be filled in. For an example of a completed chart, go to Page 4 of Lesson 05.03: Sharing with Uncle Sam. Calculate the tax for $95,000. For example, $10,000x40%-%$4,000 in tax. Show your work!! Proposed Regressive Plan Calculate the tax for S25,000. For example, $10,000x40%=$4,000 in tax. Show your work!! 10% on income up to $25,000 20% on income between S25,000 and S34,000 25% on income between S34,000 and S44,000 30% on income between $44,000 and S80,000 40% on taxable income over S80,000 TOTAL TAX PAID (sum of all rows):

John works from 7am to 4pm 5 days a week, he does not receive overtime He gets an hour unpaid lunch During the year john gets paid for : 10 holiday days, 10 sick days, 14 vacation days, 5 personal days John is paid $20 an hour Johns weekly federal income tax deduction is $65, social security tax is .062 of his gross wage, medicare tax is .008 of his gross pay, and state tax is $25 per week What would John's gross and net pay be for the year ending December 31st, 2021?

then tax revenue for the

Your lecturer loves her work, teaching Economics. She has been offered other position in the corporate world that would increase her income by 50 percent, but she has decided to continue working as a lecturer in UNIMAS. Her decision would not change unless the marginal _________ a. benefit of teaching increased. b. cost of teaching increased. c. cost of a corporate job increased. d. benefit of a corporate job decreased.