Skip To Main Content
Skip To Main Content

Spring 2009 Week 3

In the nation of Five Burritos, the tax code is as follows:  There is no tax on the first $5k of income (per year).  The tax rate for the next $10k is 10 %.  The tax rate for the next $15k is 20 %.  The tax rate for all additional income is 30%.

1.    Gordon Sumner has an income of $36k.  How much in taxes does he pay?

2.    Paul Hewson pays $10k in taxes.  What is his income?

3.    Declan McManus pays 25 % of his income in taxes.  What is his income?