Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respect to effective tax rates? (Round your final answer to nearest whole dollar amount.) Muni-Bond Total Tax Тахраyer Mihwah Salary $ 10,000 $ 50,000 Interest $ 10,000 $ 30,000 $ 600 ??? Shameika Minimum tax

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Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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Chapter3: Preparing Your Taxes
Section: Chapter Questions
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With my calculations, it would be 3,000 but I am still incorrect. I then tried one number above and below. Still incorrect. What am I missing?

Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with
respect to effective tax rates? (Round your final answer to nearest whole dollar amount.)
Muni-Bond
Salary
$ 10,000
$ 50,000
Total Tax
Тахраyer
Mihwah
Shameika
Interest
$ 10,000
$ 30,000
$ 600
???
Minimum tax
Transcribed Image Text:Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respect to effective tax rates? (Round your final answer to nearest whole dollar amount.) Muni-Bond Salary $ 10,000 $ 50,000 Total Tax Тахраyer Mihwah Shameika Interest $ 10,000 $ 30,000 $ 600 ??? Minimum tax
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