Chang made $15,000 in taxable income last year Suppose the income tax rate is 15% for the first $7500 plus 19% for the amount over $7500. How much must Chang pay in Income tax for last year?

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asked Jul 23, 2021 74.6k views

4 votes

Chang made $15,000 in taxable income last year

Suppose the income tax rate is 15% for the first $7500 plus 19% for the amount over $7500.
How much must Chang pay in Income tax for last year?

Mathematics
middle-school

Shaquille asked

by Shaquille

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6 votes

Answer:

2,550.00

Explanation:

7500 x 15= 1,125

7500 x 19%=1,425

total tax=2,550

Ali Emili answered Jul 28, 2021

by Ali Emili

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