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Critical Reasoning (CR) | Re: One state adds a 7 percent sales tax to the price of most products pur

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Consider the following:
Income category Low. Medium. High
Annual Income 1000. 10000. 100000
Spend on local tax. 100. 100. 100
Tax. 7. 7. 7

Effective tax rate: 0.7%. 0.07%. 0.007%­

Statistics : Posted by Noida • on 18 Jan 2010, 06:10 • Replies 15 • Views 39106



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