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Use the graph on the right to answer the following question. Alan earns $50,000 per year and is considering a second job
Posted: Mon Jul 11, 2022 11:04 am
by answerhappygod
- Use The Graph On The Right To Answer The Following Question Alan Earns 50 000 Per Year And Is Considering A Second Job 1 (21.32 KiB) Viewed 32 times
Use the graph on the right to answer the following
question. Alan earns $50,000 per year and is considering a second job that would earn him another $2000 annually. At what rate will his tax liability (the amount he must pay in taxes) change if he takes the extra job? Express your answer in tax dollars paid per dollar earned. P His tax liability will change by about sper dollar earned. SIID Marginal tax rate (percentage) 6 8 8 8 50%- 40- 30- 20- 10- 50 100 150 200 250 300 350 400 Annual income (in thousands of dollars)