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.
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