Given the following tax structure: Salary $ 27,000 $ 45,000 Taxpayer Mae Pedro Required: a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? b. This would result in what type of tax rate structure? Complete this question by entering your answers in the tabs below. Required A Total Tax $ 2,025 777 Minimum tax Required B What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? Given the following tax structure: Taxpayer Salary Mae $ 27,000 Pedro $ 45,000 Total Tax $ 2,025 ??? < Required A Required: a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? b. This would result in what type of tax rate structure? Required A Required B Tax rate structure Complete this question by entering your answers in the tabs below. This would result in what type of tax rate structure? Required B >

SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter4: Gross Income
Section: Chapter Questions
Problem 14P
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Ef.5.

 

Given the following tax structure:
Taxpayer
Mae
Salary
$ 27,000
Pedro
$ 45,000
Required:
a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid?
b. This would result in what type of tax rate structure?
Complete this question by entering your answers in the tabs below.
Required A
Total Tax
$ 2,025
???
Minimum tax
Required B
What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of
tax paid?
Given the following tax structure:
Taxpayer Salary
Mae
$ 27,000
Pedro
$ 45,000
Total Tax
$ 2,025
???
Required:
a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid?
b. This would result in what type of tax rate structure?
Complete this question by entering your answers in the tabs below.
Required A Required B
Tax rate structure
This would result in what type of tax rate structure?
Required B
< Required A
>
Required >
Transcribed Image Text:Given the following tax structure: Taxpayer Mae Salary $ 27,000 Pedro $ 45,000 Required: a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? b. This would result in what type of tax rate structure? Complete this question by entering your answers in the tabs below. Required A Total Tax $ 2,025 ??? Minimum tax Required B What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? Given the following tax structure: Taxpayer Salary Mae $ 27,000 Pedro $ 45,000 Total Tax $ 2,025 ??? Required: a. What is the minimum tax that Pedro should pay to make the tax structure vertically equitable with respect to the amount of tax paid? b. This would result in what type of tax rate structure? Complete this question by entering your answers in the tabs below. Required A Required B Tax rate structure This would result in what type of tax rate structure? Required B < Required A > Required >
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