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The Figure Below Show a Simplified Version of the Current

Question 29

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The figure below show a simplified version of the current (2012) Canadian federal income- tax system.The marginal income- tax rates for the four ranges of income are 15.5%,22%,26%,and 29%,respectively.
The figure below show a simplified version of the current (2012) Canadian federal income- tax system.The marginal income- tax rates for the four ranges of income are 15.5%,22%,26%,and 29%,respectively. FIGURE 18- 2 -Refer to Figure 18- 2.An individual with a taxable income of $39 500 will pay in income taxes. A) $5925 B) $8690 C) $6122 D) $0 E) $6109 FIGURE 18- 2
-Refer to Figure 18- 2.An individual with a taxable income of $39 500 will pay in income taxes.


A) $5925
B) $8690
C) $6122
D) $0
E) $6109

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