Exhibit 14-3
-Refer to Exhibit 14-3. Calculate the average tax rate of an individual whose taxable income is $65,000 and who has total deductions and exemptions of $10,000.

Question

Exhibit 14-3 
-Refer to Exhibit 14-3. Calculate the average tax rate of an individual whose taxable income is $65,000 and who has total deductions and exemptions of $10,000.

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The Answer of Exhibit 14-3 
-Refer to Exhibit 14-3. Calculate the average tax rate of an individual whose taxable income is $65,000 and who has total deductions and exemptions of $10,000.

Exhibit 14-3 -Refer to Exhibit 14-3. Calculate the Average Tax Rate of Tax