Apeendix G
Submitted by kallmekobe on October 20, 2011
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Apeendix G
In the following example, the second line of the table specifies that tax due on a salary of $2000.00 is $225.00 plus 16% of excess salary over $1500.00 (that is, 16% of $500.00). Therefore, the total tax is $225.00 + $80.00, or $305.00.
Salary Range in Dollars Base Tax in Dollars Percentage of Excess
1. 1 0.00-1,499.99 0.00 15 %
2. 2 1,500.00-2,999.99 225.00 16 %
3. 3 3,000.00-4,999.99 465.00 18 %
4. 4 5,000.00-7,999.99 825.00 20 %
5. 5 8,000.00-14,999.99 1425.00 25 %
Read the following scenario:
You are an accountant setting up a payroll system for a small firm. Each line of the table in Appendix...
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