Due to temporary tax cuts in 2010, a person with typical deductions earning $50,000 per year would have saved 2% of their income

Question

Due to temporary tax cuts in 2010, a person with typical deductions earning $50,000 per year would have saved 2% of their income plus $850 in federal taxes. Use this information for these questions. How much money did a typical person save? $ What percent did this person save on her income? Round to the nearest tenth of a percent.

Kunduz · Accepted Answer

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