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Kristine lives in a region where a proportional income tax rate of 22% applies to everyone. What is the amount of tax she will pay if her taxable income is $125,000?

Respuesta :

Answer:27500

Step-by-step explanation:

marcthemathtutor

Answer:

$27,500

Step-by-step explanation:

Given:

taxable income = $125,000

tax rate = 22% = 0.22

Amount of tax = tax rate x taxable income

= 0.22 x $125,000

= $27,500

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