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1. Consider the following tables for the small country of Westeros. Citizens of

ID: 1206164 • Letter: 1

Question

1. Consider the following tables for the small country of Westeros.

Citizens of Westeros

Name

Income

Savings

Sansa Stark

12750

750

Jon Snow

32250

2250

Jaime Lannister

250000

100000

Stannis Baratheon

85000

30000

Westeros Marginal Tax Rates

Range

Rate

0-10000

5

10001-20000

10

20001-50000

25

50001-100000

35

100000 and up

50

a. Calculate the marginal tax rate of Stannis Baratheon, Jaime Lannister, Sansa Stark, and Jon Snow

b. Calculate the total tax paid by Stannis Baratheon, Jaime Lannister, Sansa Stark, and Jon Snow.

c. Calculate the average tax rate of Stannis Baratheon, Jaime Lannister, Sansa Stark, and Jon Snow.

d. What proportion of taxes do Westeros’ top two wage earners pay?

Citizens of Westeros

Name

Income

Savings

Sansa Stark

12750

750

Jon Snow

32250

2250

Jaime Lannister

250000

100000

Stannis Baratheon

85000

30000

Explanation / Answer

a.

b.

c.

d.

Citizen Marginal Tax rates Sansa Stark 10 Jon Snow 25 Jaime Lannister 50 Stannis Baratheon 35