In a certain city the rate of taxation is the following: tax is collected for an income of thousand dollars. What income, in dollars, will yield the greatest take home pay? (Take-home pay is the income minus the tax on that income.)
Please proof read your question....it really states that the more your income, the more your take home pay.
There's some data missing from the problem. It says the more you make, the more you take home.
Uncle gets his cut, but when x > y, then any percentage of x is greater than the same percentage of y.
But in one special case, you'll take home all of $999.99 because taxation doesn't start until you make $1,000.