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AnimeBrainly

Julie has $50000 taxable income. First, find the range and the corresponding Tax Rate from the table. $50,000 is in between $37,451 - $90,750, and so you will use the 25% tax rate.

Multiply $50000 with 25%. Note that 25% = 0.25:

50,000 * 0.25 = 12,500

Julie will pay D) 12,500 this year.

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jcherry99

The American Tax system has the same mystical properties as the Oracle of Delphi. This one is an example. If you've never seen it before, don't try and fill out your taxes yourself. You won't get it right.

First you should realize that the wrong way to do this is to take 25% or 50000 which is $12500. Though Julie's tax is pretty steep it's not quite that bad.

Anyway, let's do this the correct way. A progressive income tax works down the table.

You start off at 10% and work your way up to 25%. That's why it comes to less than 12500.

Tax Range      Julie's amt     %         Tax amount method     Tax

0 to 9225         9225          10%      9225 * 10/100               922.50

9226-37450    28224         15%     28224*15/100              4233.60

50000 - 37451  12549        25%     12439*25/100              3137.25

Total Tax                                                                               8293.35

The Answer is B

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