math

posted by .

income 1000 2000 3000 taxes 200 350 450 what percentage of income is paid in taxes at each level?

  • math -

    200/1000 = 0.2 = 20%

    Do the same thing for the other two sets of numbers.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    This data given: GDP=$110; Income earned by citizens abroad=$5; income foreigners earn here=$15; loss from depreciation=$4; indirect business taxes=$6; business subsidies=$2; retained earnings=$5; corporate income taxes=$6; social …
  2. finance

    Assuming a tax rate of 35%, depreciation expenses of $1,000,000 will reduce income by 350,000 reduce taxes by 350,000 reduce taxes by 650,000 have no effect on income or taxes, since depreciation is not a cash expense
  3. economics

    Local governments receive money from what two kinds of taxes A sales and income taxes B luxury and property taxes C income and luxury taxes D sales and property taxes?
  4. algebra

    In a certain state, people with an income under $15K pay a minimum income tax plus a % of the amount over $12,750.00. The table below shows the income, x, and the taxes paid; y for several people. Using a a linear model, what is the …
  5. finance

    The corporation earns $3 per share before taxes. once it has paid taxes,it will distribute the rest of its earnings to you as a dividend.The corporate tax rate is 35%,and the personal tax rate on income is 20%. How much is left for …
  6. Fiance

    Use your knowledge of income statements to fill in the missing items: Sales Cost of goods sold $575,000 Gross profit $1,600,000 General and administrative expense $200,000 Selling and marketing expense $ Depreciation $50,000 Operating …
  7. Finance

    P5. Use your knowledge of income statements to fill in the missing items: SALES - $------ COST OF GOODS SOLD - $575,000 GROSS PROFIT - $1,600,000 GENERAL AND ADMINISTRATIVE EXPENSE - $200,000 SELLING AND MARKETING EXPENSE - $------ …
  8. Social Studies

    Which of these is not a source of state and local tax revenue?
  9. Economics

    Some people would prefer a single income tax rate because it?
  10. Economics

    The assessed value of Patty's residential property was $200,000 in 2004. In 2006, the assessed value increased to $225,000. The property tax rate in both years was 1.2 percent. Patty earned $60,000 each year. Determine Patty’s property …

More Similar Questions