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Question 1

Consider the following tax brackets in Japan.

Lower tax bracketUpper tax bracketTax rate (%)
02499914
250004999915
500007499916
75000or higher17

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

 

Hint


Question 2

Consider the following tax brackets in Norway.

Lower tax bracketUpper tax bracketTax rate (%)
02499937
250004999936
500007499935
75000or higher34

Suppose that a person earns $79501.

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

 

Hint