A certain state uses the progressive tax rate below for calculating individual income tax. Calculate the state income tax owed on a [tex]$\$60,000[tex]$[/tex] per year salary.

First, calculate the tax on the first bracket.

\begin{tabular}{|c|c|}
\hline
\begin{tabular}{c}
Income \\
Range (\$[/tex])
\end{tabular} & \begin{tabular}{c}
Progressive \\
Tax Rate
\end{tabular} \\
\hline
[tex]$0-6,000$[/tex] & [tex]$3\%$[/tex] \\
\hline
[tex]$6,001-15,000$[/tex] & [tex]$4\%$[/tex] \\
\hline
[tex]$15,001+$[/tex] & [tex]$6\%$[/tex] \\
\hline
\end{tabular}

[tex]\[
\begin{array}{ll}
\$6,000 \cdot 3\% = \$180 \\
(15,000 - 6,000) \cdot 4\% = \$360 \\
(60,000 - 15,000) \cdot 6\% = \$2,700 \\
\end{array}
\][/tex]

Total state income tax: [tex]$\$180 + \[tex]$360 + \$[/tex]2,700 = \$3,240$[/tex]



Answer :

Based on the given progressive tax rates and the salary of [tex]$60,000, we will calculate the income tax for each bracket step by step. 1. First Bracket (0-$[/tex]6,000[tex]$ at 3%): \[ \$[/tex]6,000 \times 3\% = \[tex]$6,000 \times 0.03 = \$[/tex]180.00
\]

2. Second Bracket ([tex]$6,001 - $[/tex]15,000[tex]$ at 4%): The amount in this range is calculated by taking the difference between \$[/tex]15,000 and the lower limit of this bracket (\[tex]$6,000): \[ (15,000 - 6,000) \times 4\% = \$[/tex]9,000 \times 0.04 = \[tex]$360.00 \] 3. Third Bracket ($[/tex]15,001+ at 6%):
The amount in this range is calculated by taking the difference between the salary (\[tex]$60,000) and the lower limit of this bracket (\$[/tex]15,000):
[tex]\[ (60,000 - 15,000) \times 6\% = \$45,000 \times 0.06 = \$2,700.00 \][/tex]

Therefore, the state income tax owed on a \[tex]$60,000 per year salary is: - From the first bracket: \$[/tex]180.00
- From the second bracket: \[tex]$360.00 - From the third bracket: \$[/tex]2,700.00

The calculations result in:
[tex]\[ \$180.00, \$360.00, \$2,700.00 \][/tex]

So, filling in the answers sequentially in the given format:
[tex]\[ \$6,000 \cdot 3\% = \$180.00 \\ \][/tex]

Therefore, the correct answer in the first blank is [tex]\( \$180.00 \)[/tex].