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In a certain city the rate of taxation is the following: x tax is collected for an income of x 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.)

 Jun 28, 2020
 #1
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thp = 1000x - x

 

This is just flat rate taxation.    rate .001   or  .1 %

 

 

There is something incorrect in your question.....as long as I have greater income I will have greater take home pay.....so there is no limit (or answer) on take home pay.....    what is the taxation again?

 

100 000       would only have   100 tax

1000 000   would only have  1000  tax     

Higher incomes will always have higher THP

 Jun 28, 2020
edited by ElectricPavlov  Jun 28, 2020
 #2
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Thank you.

Guest Jun 28, 2020

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