Suppose the income tax rate schedule is 0% on the first $10,000;is 10% on the next $20,000;20% on the next $20,000;30% on the next $20,000;and 40% on any income over $70,000.Dennis,who has been earning $28,000 a year,receives a ten percent raise.How much additional tax will he have to pay?

Question

Quizplus · Accepted Answer

The Answer of Suppose the income tax rate schedule is 0% on the first $10,000;is 10% on the next $20,000;20% on the next $20,000;30% on the next $20,000;and 40% on any income over $70,000.Dennis,who has been earning $28,000 a year,receives a ten percent raise.How much additional tax will he have to pay?

Suppose the Income Tax Rate Schedule Is 0% on the First