What is the combined incremental tax rate

Assignment Help Microeconomics
Reference no: EM132168135

Question: An unmarried individual in California with a taxable income of about $80,000 has a federal incremental tax rate of 28% and a state incremental tax rate of 9.3%. What is his combined incremental tax rate? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132168135

Questions Cloud

Which alternative result in smaller total payment of taxes : Jane Shay operates a management consulting business. The business has been successful and now produces a taxable income of $100,000 per year.
Their demographic and psychographic characteristics : The differences in these customer tribes are likely due to their demographic and psychographic characteristics.
On what date should valerie quit her job : Bill Alexander and his wife, Valerie, are both employed. Bill will have an adjusted gross income this year of $70,000. Valerie has an adjusted gross income.
Is there significant evidence that this regression is useful : a) Is there significant evidence that this regression is useful? Why or why not?
What is the combined incremental tax rate : An unmarried individual in California with a taxable income of about $80,000 has a federal incremental tax rate of 28% and a state incremental tax rate of 9.3%.
Definitions most accurately reflects cluster analysis : Which of the following definitions most accurately reflects a cluster analysis?
Find the annual after-tax rate of return of the investment : A $10,000 commercial bond that has a 10% bond rate and matures in 5 years can be purchased for $8000. Interest is paid at the end of each year for the next.
Conduct a chi-square goodness-of-fit test : Conduct a chi-square goodness-of-fit test to determine if there is evidence that the proportions in the population are not all equal.
Designing customer value-driven marketing strategy : Dividing markets up into meaningful customer groups (segmentation) is a necessary step in designing a customer value-driven marketing strategy.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd