University of Missou X/-University of Missou -> c Dwww.saplinglearning.com/ib.sc

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University of Missou X/-University of Missou -> c Dwww.saplinglearning.com/ib.scms/mod/ibis/view.php?id=2543987 Map Poi Gra Des Rev sapling learnin saplingjlearning Sneaky Poolatza, J-Boww Farley, and Pauly C are best friends. Below is information on their annual income and the amount of income taxes each paid. Use this information to calculate each person's average tax rate (Be sure to include two decimal places in your numeric answers.) Taxes Paid $40445 $21571 $7559 Income Number 1. Sneaky's tax rate: Sneaky J-Boww Pauly $125000 $85000 $45000 Poli Number You You You 2. J-Boww's tax rate: Number 3. Pauly's tax rate: You ans att lhe tax base IS Select answeir and the tax rate structure is Select answer For ep income consumption wealth progressive regressiVe proportional Previous e Check Answer Next Exit Hint Ask me anything 7:43 PM 4/20/2016

Explanation / Answer

Tax Rate = Tax paid/Income*100

Sneaky's tax rate =40445/125,000*100 = 32.35%

Boww's Tax Rate = 21,571/85,000*100 = 25.37

Pauly's Tax rate = 7,549/45,000*100 = 16.77

1. Income

2. Progressive

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