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Question 1

Consider the following tax brackets in Canada.

Lower tax bracketUpper tax bracketTax rate (%)
02499920
250004999917
500007499914
75000or higher11

Given this data, what type of taxes do they have in Canada?

 

Hint


Question 2

Consider the following tax brackets in China.

Lower tax bracketUpper tax bracketTax rate (%)
02499931
250004999930
500007499929
75000or higher28

Suppose that a person earns $32501.

Given this data, what is this pearson's marginal tax rate?

Array 

Hint