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Problem 1-46 (LU 1-5) Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the t
Given the following tax structure, Taxpayer Mae Salary $10,800 $20,000 Total Tax $ 600 ??? Pedro a. What is the minimum tax t
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Answer #1

Ans: Minimum tax to be paid by Mr Pedro= Mr Pedro salary* ms M total tax/Ms m salary

=20000*600/10000

=$1,200

b) Ans:-

It is type of proportional tax structure. But if Mr. P pays tax amount anything between $ 601 and $1,200 (more than Ms M) and if it is not proportional to their salaries earned, it is regressive tax rate structure.

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