The national of X has a tax rate of 5% on the first $10.000 of...
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Accounting
The national of X has a tax rate of 5% on the first $10.000 of taxable income. the the tax rate increases by 10% on the next $8.000 adding. Two people A and B have the taxable income per year as below: a. Calculate the ATR of each person. Who pays less taxes? Why? b. If there are 3 members in the family of person A and each member is provided an exemption of $2,000. Calculate the ATR of A
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