A certain state uses the progressive tax rate below for
calculating individual income tax. Calculate the state
income tax owed on an $80,000 per year salary.
Progressive
Tax Rate
Income
Range ($)
0-3000
3001 - 5000
5001 - 17,000
17,001 and up
2%
3%
5%
5.75%
= 3,000 0.02 = 60
= 2,000
0.03 = 60
= 12,000 0.05 = 600
= 63,000 0.0575 = 3.622.5
Tax = $[? ]
.
•
Hint: Add the totals for each bracket to find the
total tax owed.