- #1

vee123

- 13

- 0

Here we go:

**A man makes $75,000. He must pay federal personal income tax of 10% on the first $12,000 of his income, 15% on the next $38,000, and 27% on the income up to $100,000.**

My question is: do I take the 27% out of what is left after I subtract the $12,000 and $38,000 or no?

My answer was $13,650... Is that correct?

**The average annual salary of person A is $62,000, while the average salary of person B is $48,000. What percent more does person A make than person B?**

I did this one, but I don't think it's correct. I just really forget how to do problems like this. My answer was 12.73% or somewhere in that range.

Any help is appreciated!!!!!