Question

You earn 50,000 per year and the federal tax rate is 10 percent your net income is

Answer 1

If you earn 50K per year and the FTR is 10%, 10% of 50K is 5K. So subtract 5K from 50K and you get 45K. Your net income is 45K.

Answer 2

Federat tax = 10% of 50,000 = 0.1 x 50,000 = 5,000

Net income = 50,000 - 5,000 = 45,000