Question

HD Webcam HO Video Conferencing hrome /modules/unproctoredTest.QuestionSheet Remaining Time: 8340 26 Privacy Policy I Disclaimer | Copyright 2018 WestEd Due to the tax law change referred to in question 5 above, persons earning $500, 000 per year were taxed at a lower rate on the first $106, 800 they earned, saving them 2% of this portion of their salary The same persons also received a separate tax credit of $14, 250, which means they were allowed to subtract $14, 250 from the amount of taxes they owed. Fill in the blanks to complete the statement below Round to the nearest dollar, and round to the nearest tenth of a percent (1 decimal place). Make sure that you fill in each answer area before checking "How Did I Do? % more of their income. more or Number A person earning $500, 000 a year received $ Number

Answer 1

4ncema pesen. 50,000year taxed fot the piritfi06j800 tihey 2 them at lower 2cate -which saved ba taat -pertion efcaloy aamount h06, 80 2 X LOO 2136 fi, 2 Tax crediE Tax ccedit tx. Total amount_saved 2136 E6386 + amountearned pezceatage be 3.277 Seo,000 to Idecianal 3.31 place bezsere Aeat xecieed af taeir A persen eaauny 3-3 */. oneze ioceme