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Compare the tax liability for three individuals

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Reference no: EM133080086

Go to the website https://users.nber.org/~taxsim/taxsim32/

This site estimates income taxes based on income and other characteristics. Scroll down to "OR... Calculate liabilities...." Click the button for "Wage Income." We've not discussed income taxes in any detail, so we'll keep it simple for now and just assume that all the income are wages. Compare the tax liability for three individuals, named A, B and C in 2013. All are unmarried without children. A earns $20,000 per year, B earns $90,000 per year, and C $150,000 per year.

Reference no: EM133080086

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