Table 20.1 : The table shows the taxable income range and marginal tax rates for a single taxpayer in Oceania.There are no exemptions or deductions on personal income taxes in Oceania.
-Refer to Table 20.1. The income tax paid by George, a single taxpayer with an income of $65,000, is

Question

Table 20.1 :  The table shows the taxable income range and marginal tax rates for a single taxpayer in Oceania.There are no exemptions or deductions on personal income taxes in Oceania.
-Refer to Table 20.1. The income tax paid by George, a single taxpayer with an income of $65,000, is

Quizplus · Accepted Answer

Without the specific details from Table 20.1, the correct answer cannot be determined directly. However, based on U.S. tax brackets and standard deductions for a single filer, an income of $65,000 would not result in taxes as high as the highest options provided. The choice closest to a plausible calculation, considering progressive tax rates and standard deduction, is $14,745. This is a hypothetical scenario and the exact answer would depend on the tax rates and deductions applicable for the year in question.

Table 201 : the Table Shows the Taxable Income Range