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Transcript
Taxpayer Tax Structures Sandra Todd Bill Scenario 1 Progressive Tax $ 40,000 $ 120,000 $ 35,000 $ 2,450 $ 3,200 $ 16,800 7% 8% 14% Income Tax Average Rate Scenario 2 Proportional Tax Income Tax Average Rate $ 35,000 $ 3,150 $ 40,000 $ 3,600 $ 120,000 $ 10,800 9% 9% 9% Scenario 3 - Regressive Tax Inc...
Taxpayer Tax Structures Sandra Todd Bill Scenario 1 Progressive Tax $ 40,000 $ 120,000 $ 35,000 $ 2,450 $ 3,200 $ 16,800 7% 8% 14% Income Tax Average Rate Scenario 2 Proportional Tax Income Tax Average Rate $ 35,000 $ 3,150 $ 40,000 $ 3,600 $ 120,000 $ 10,800 9% 9% 9% Scenario 3 - Regressive Tax Income Tax $ 35,000 $ 40,000 # $ 120,000 $ 4,200 $ 4,400 $ 10,800 Average Rate 12% 11% 9%
