chapguy19
Level 4
04-08-2022
11:39 AM
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Every tax table I read says the rate should be closer to 20%, not 30%..Argh.
What am I missing here:
$1 – $10,000 | 18% | – $0 base tax – 18% on taxable amount |
$10,001 – $20,000 | 20% | – $1,800 base tax – 20% on taxable amount |
$20,001 – $40,000 | 22% | – $3,800 base tax – 22% on taxable amount |