Try another version of this question
Consider the following tax brackets in the US.
| Lower tax bracket | Upper tax bracket | Tax rate (%) |
|---|---|---|
| 0 | 24999 | 39 |
| 25000 | 49999 | 34 |
| 50000 | 74999 | 29 |
| 75000 | or higher | 24 |
Given this data, what type of taxes do they have in the US?
Regressive taxes
Look at the last column at the tax rate. Are the numbers increasing, decreasing or staying the same as the income is going up?
Consider the following tax brackets in Mexico.
| Lower tax bracket | Upper tax bracket | Tax rate (%) |
|---|---|---|
| 0 | 24999 | 26 |
| 25000 | 49999 | 25 |
| 50000 | 74999 | 24 |
| 75000 | or higher | 23 |
Suppose that a person earns $98501.
Given this data, what is this pearson's marginal tax rate?
`26 - 3*1`
Look at the last column at the tax rate. Are the numbers increasing, decreasing or staying the same as the income is going up?
Box 1: Select the best answer
Box 2: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity