How much tax would Kim Su have if she lives in a city where there is 2.5 % income tax and if she makes $ 225.00 weekly?
The way you would work this out is to multiply Kim Su's weekly salary by the income tax rate. So, 225.00 * .025, which equals 5.625, so, rounding up, Kim Su would pay $5.63 per week in taxes.
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About Income Tax
The Income Tax is a tax imposed by the Federal, most states and local governments. The income tax is determined by applying a tax rate to an income bracket. In 2011, taxes are due on April 15th.
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