If provincial tax rates are 16% on the ﬁrst $40,100; 20% on the next $40,100; and 24% on any income after that. If a resident had income of $95,000 then determine the total tax paid.

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The Answer of If provincial tax rates are 16% on the ﬁrst $40,100; 20% on the next $40,100; and 24% on any income after that. If a resident had income of $95,000 then determine the total tax paid.

If Provincial Tax Rates Are 16% on the ﬁRst $40,100;