Table 12-6

-Refer to Table 12-6.What is the average tax rate for a person who makes $130,000?
A) 30%
B) 40%
C) 50%
D) 60%

Name: Table 12-6 -Refer to Table 12-6.What is the average tax rate for a person who makes $130,000? A) 30% B) 40% C) 50% D) 60%
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Question

Table 12-6
 
-Refer to Table 12-6.What is the average tax rate for a person who makes $130,000?
A) 30% 
B) 40% 
C) 50% 
D) 60%

Quizplus · Accepted Answer

Looking at the table, we see that the tax rate for income between $100,000 and $150,000 is 40%. Therefore, the average tax rate for a person making $130,000 would be 40%.

Table 12-6 -Refer to Table 12-6.What Is the Average Tax Rate for Average