Posted by **lexzorbrian** on Wednesday, April 1, 2009 at 11:42pm.

124. Marriage penalty eliminated. The value of the expression

4220 + 0.25(x 30,650)

is the 2006 federal income tax for a single taxpayer with

taxable income of x dollars, where x is over $30,650 but

not over $74,200.

a) Simplify the expression.

b) Find the amount of tax for a single taxpayer with

taxable income of $40,000.

c) Who pays more, a married couple with a joint taxable

income of $80,000 or two single taxpayers with

taxable incomes of $40,000 each? See Exercise 123.

## Answer This Question

## Related Questions

- algebra - 124. Marriage penalty eliminated. The value of the expression 4220 + 0...
- College Algebra - The value of the expression (4220 + 0.25 (x - 30,650) is the ...
- Income Tax - Accounting. Help Me Please. - Tax Rates, latesha, a single taxpayer...
- ACC 233-INCOME TAX - Tax Rates, latesha, a single taxpayer, had the following ...
- Economics - Mallory's total income last year was $24,000, but she could deduct...
- Income tax / Accounting - Computation of taxable income: The following ...
- ACC233- INCOME TAX - Computation of taxable income: The following information ...
- Calculus - New York state income tax is based on taxable income which is part ...
- accounting - Complete the work sheet. In completing the worksheet, compute State...
- pre calc - The following piecewise function gives the tax owed, T(x), by a ...

More Related Questions