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

Question 49

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Suppose the income tax rate schedule is 0% on the first $10,000;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.The additional tax he will he have to pay is $________.

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