How much in income taxes must cameron pay

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Questions: Suppose Cameron earns $60,000 per year but must pay income taxes according to the tax schedule given in the table to the right.

According to the chart, the income tax Cameron faces is a progressive tax

Assume Cameron has no tax exemptions or deductions. How much in income taxes must Cameron pay?

Cameron must pay $ in income taxes. (Enter your response as a whole number)

Assume Cameron has no tax exemptions or deductions. What is his marginal tax rate? What is his average tax rate?

 

Reference no: EM133402057

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