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Tony made $15,000 in taxable income last year. Suppose the income tax rate is 15% for the first $7000 plus 19% for the amount over $7000. How much must Tony pay in income tax fo…

Tony made $15,000 in taxable income last year. Suppose the income tax rate is 15% for the first $7000 plus 19% for the amount over $7000. How much must Tony pay in income tax fo…
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2 votes
Tony made $15,000 in taxable income last year.

Suppose the income tax rate is 15% for the first $7000 plus 19% for the amount over $7000.
How much must Tony pay in income tax for last year?

=$___

asked
User Mario Visic
by
8.0k points

1 Answer

6 votes

Answer:

2570

Explanation:

7000 x .15 = 1050

8000 x .19 = 1520

15000. = 2570

answered
User Monifa
by
7.9k points
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