Graphing Taxation., Business Economics

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Demonstrate graphically the cost of income taxation of 30% to consumers and producers for an income of $27,908.

How does the taxation change if the income was $220,874?

How does this variation affect people and corporations?

Use the graph functions of Word or Excel to assist you-You will need two graphs (one at $27,908 and one at $220,874).

Answer the question about variation in a few sentences at the bottom of your document.

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