What salary would have to pay to generate after taxes

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Point 1: Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate. She provides her son, Jonathon, $9,000 a year for college expenses. Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent.

Question 1: If Jonathon worked for his mother's sole proprietorship, what salary would she have to pay him to generate $9,000 after taxes (ignoring any Social Security, Medicare, or self-employment tax issues)? (Round your answer to the nearest whole dollar amount.)

Reference no: EM132472779

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