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Question - Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respect to average tax rates?
Taxpayer
Salary
Muni-Bond Interest
Total Tax
Mihwah
$15,000
$5,250
$1,500
Shameika
$65,000
$17,000
?
Required - What is minimum tax in dollars?
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