The graph below shows how the total income tax varies with income for one taxpayer category.
T...
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Mathematics, 27.03.2020 23:12 bgallman153p71edg
The graph below shows how the total income tax varies with income for one taxpayer category.
The graph has four straight line segments
1. Calculate the slope of each straight segment. Express each slope as a percentage.
2. Explain what each slope represents.
3. Describe how the slope of the overall graph changes.
4. Explain what the graph says about the way income is taxed.
Create a table summarizing the information about tax rates.
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