Question

Sam earns $54 275 in a year.

He pays no income tax on the first $8200.
He pays 18% income tax on everything he earns over $8200.
a Work out how much income tax he pays.
b Work out what percentage of his income he pays in tax.
If the income tax rate is increased to 21%, how much more tax will Sam pay?​

Answer 1

he would pay $8,293.5 in income tax.

b:

Step-by-step explanation: he pays 15.280515891294% of his pay in tax. if the income rate was increased to 21% then he would pay 9,675.75‬ in taxes. Which is 1,382.25 more than 18% tax.