This chart demonstrates the "progressive" nature of the u. s. tax code in that income tax rates increase dramatically as the level of income rises. the top corporate average tax rate is

Trinity trucking signs a contract with olsen oil to purchase all of the fuel for its fleet of trucks for the next year from olsen at a price of $3.00 per gallon. at the time trinity and olsen sign the contract, the market price for gasoline was $3.25 per gallon, and trinity had an expert report predicting that the price would rise to at least $4.25 per gallon in the upcoming six months. instead, the price dropped to $2.00 per gallon. may trinity rescind the contract with olsen due to its mistaken belief about the future of the price of gasoline?

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?

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