Now consider another hypothetical tax code. Assume the tax rate
on the first $15,000 of
taxable income is 10% and the tax rate on any additional income is
18%. The standard
deduction ($6,350) and personal exemption ($4,050) still
apply.
In other words:
• For taxable income from $0 to $15,000, you pay 10% of your
taxable income in taxes,
plus
• For taxable income above $15,000, you pay 18% of your taxable
income.
a) Write a function to model the total tax paid, T(x), with a total income of x dollars.
b) How many different slopes are on this graph?
c) Create a graph that shows taxes paid as a function of total income for the total income between $0 and $60,000
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