LuettswMceholmaliy LuettswMceholmaliy
  • 16-01-2017
  • Mathematics
contestada

C. what is the implied tax (i.
e., tax/average income) on the highest quintile?

Respuesta :

Аноним Аноним
  • 23-01-2017
 The answer is derived from the top quintile LOSS of 101,800 which is due to taxes in other words this is the taxes paid. Therefore, the taxes paid divided by the average income of 170,000 or shown as 101,800/170,000 = .5988 which rounds to .60 or 60% implied tax rate. 
Answer Link

Otras preguntas

describe a structure of a hurricane?
your patient is considerably overweight. as you measure the patient's body weight, what should you do?a) attempt to put the patient at-ease by saying something
chemistry questions, will up vote all answers even if wrong. Please help Which is a property of a neutron? A) 0 charge B) +1 charge C) -1 Charge D) Ess
why does the nile overflow its banks anymore?
select a topic that is relevant to the colonial era and the age of reason
at the beginning of act III scene 1 in macbeth what is banquo wondering
subtract. 6 – (–5)a. –11b. –1c. 1d. 11
How to write and infinite domain and range
What is the x intercept of 4x+6y=3x+8?
new sculptures created for constantines arch show a radical break with the past. the new works, in contrast to the perspective of the older recycled panels, are