Tatyanacoleman2003
Answered

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How would a person with a yearly income of $15,000 be treated similar or differently from a person with a yearly income of $300,000 in terms of national taxes?

Sagot :

aaronlin301663
I would say in terms of national taxes collected from the government. The lower income person would have most likely, more tax refunded and would have to pay less tax. On the other hand, the 300k person would have to pay quite a bit of tax and won’t get almost anything during tax refund.

In a different view point, the 300k person is able to enjoy a decent life even though he/she has to pay more taxes while the person without paying much taxes still needs to use the money for a lot of expenses.

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