Hello there. To solve this question, we have to remember some properties about income and taxes.
The following table shows the progressive tax rate for calculating individual income tax:
We want to calculate the state income tax owed on a $50,000 per year salary.
For this, notice this value is contained in the interval 17,001 and up, hence the progressive tax rate for this value is 5.75%.
In this case, the tax is simply given by the product between the value and the rate:
Don't forget to divide the percentage value by 100% before multiplying.
[tex]50000\cdot\dfrac{5.75}{100}=\$2,875[/tex]
This is the state income tax owed by one whose salary is $50,000 per year.
