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Calculate the amount of income tax and the average tax rate
Course:- Business Economics
Reference No.:- EM13149080





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Assignment Help >> Business Economics

 A flat tax plan allows individuals to deduct a standard allowance of $10,000 from their wages. Assume that the flat tax rate is 12%. Calculate the amount of income tax and the average tax rate if you were earning: $30,000 a year $60,000 a year




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