Mathematics, 10.10.2020 01:01 EggWithWheels

A country is considering two income tax rates. Geoffrey is comparing what his tax bill would be under each plan. Under plan A, he pays 5% on the first $10,000. The next $85,000 is taxed at a rate of 10%. Any money earned above $95,000 is taxed at 15%. He made $98,000 last year. Which statement below is correct?

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A country is considering two income tax rates. Geoffrey is comparing what his tax bill would be unde...