How would the calculation in exercise 3.13 differ for a worker who earns 500,000 and lives in…


How would the vigilance in practice 3.13 differ for a worker who earns 500,000 and lives in Vermont? This worker faces a say proceeds tax reprimand of 9.5 percent and a federal proceeds tax reprimand of 35 percent.

practice 3.13

Suppose that your master offered you 4,000 in currency instead of sanity security coverage. Sanity security is embracing from say proceeds taxes and federal proceeds taxes. (To suppress the whole uncompounded, we get ignore Social Security and Medicare taxes.) The currency would be matter to say proceeds taxes (8%) and federal proceeds taxes (28%). How fur would your after-tax proceeds go up if you took the currency rather than the security?