Table 12-2 Consider the Tax Rates Shown in the Table Below

question 289

Multiple Choice

Table 12-2
Consider the tax rates shown in the table below.

-Refer to Table 12-2.If John has taxable income of $72,000,his average tax rate is

• A) 20.3%.
• B) 20.9%.
• C) 21.4%.
• D) 22.2%.

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Definitions:

Favorable Perceptions

Positive interpretations or views held by individuals about something or someone, often influenced by personal beliefs or experiences.

Pay Checks

Regular payments made by employers to employees as compensation for their work.

Different Behaviors

Variations in actions or reactions of individuals, often influenced by internal or external factors.

Beliefs

Strongly held notions or convictions that individuals hold to be true, influencing their thoughts, feelings, and actions.