What is the marginal tax rate (rounded to the nearest tenth of a percentage point) for someone whose income increases from $50,000 to $80,000?

Suppose you bought a digital camera for a total purchase price of $279.99. If state taxes were 5.4%, what was the amount of the sales tax? (Round your answer to the nearest cent.)

Give a brief example of regressive tax system

Which type of tax takes a larger percentage of income from high-income earners than from low-income earners? A. Regressive tax B. Proportional tax C. Progressive tax D. Flat tax

What is the effect of a tax on interest​ income?

Describe the relevance of taxation for understanding the American welfare state.   How have political institutions shaped the American welfare state?

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?

Do a comparative analysis of taxation in Kenya, Uganda and Tanzania showing how these countries have addressed the following tax matters: Income tax Customs tax Excise tax Value added tax