### Chapter 5 Review Exercises

<
>
• 9. Arizona State Income Tax

Find the state income tax and the effective tax rate for a taxable income of \$18,000.

• Worked-Out Solution

The spreadsheet shows the calculation of the state income tax.

The effective tax rate is

These comments are not screened before publication. Constructive debate about the information on this page is welcome, but personal attacks are not. Please do not post comments that are commercial in nature or that violate copyright. Comments that we regard as obscene, defamatory, or intended to incite violence will be removed. If you find a comment offensive, you may flag it.

``` __   _     _____              __   __    _____
| || | ||  |  ___||     ___    \ \\/ //  / ____||
| '--' ||  | ||__      /   ||   \ ` //  / //---`'
| .--. ||  | ||__     | [] ||    | ||   \ \\___
|_|| |_||  |_____||    \__ ||    |_||    \_____||
`-`  `-`   `-----`      -|_||    `-`'     `----`
`-`
```
Guest   2 years ago |
wow cool
0
• 10. Arizona State Income Tax

Find the state income tax and the effective tax rate for a taxable income of \$45,854.

These comments are not screened before publication. Constructive debate about the information on this page is welcome, but personal attacks are not. Please do not post comments that are commercial in nature or that violate copyright. Comments that we regard as obscene, defamatory, or intended to incite violence will be removed. If you find a comment offensive, you may flag it.

``` __   _     _____   __    __     ___     _    _
| || | ||  |  ___|| \ \\ / //   / _ \\  | |  | ||
| '--' ||  | ||__    \ \/ //   / //\ \\ | |/\| ||
| .--. ||  | ||__     \  //   |  ___  |||  /\  ||
|_|| |_||  |_____||    \//    |_||  |_|||_// \_||
`-`  `-`   `-----`      `     `-`   `-` `-`   `-`

```
• 11. Arizona State Income Tax

Find the state income tax and the effective tax rate for a taxable income of \$75,489.

• Worked-Out Solution

The spreadsheet shows the calculation of the state income tax.

The effective tax rate is

These comments are not screened before publication. Constructive debate about the information on this page is welcome, but personal attacks are not. Please do not post comments that are commercial in nature or that violate copyright. Comments that we regard as obscene, defamatory, or intended to incite violence will be removed. If you find a comment offensive, you may flag it.

```  ______    _____     _____      ___      _____
/_____//  |  ___||  /  ___||   / _ \\   / ____||
`____ `   | ||__   | // __    | / \ || / //---`'
/___//    | ||__   | \\_\ ||  | \_/ || \ \\___
`__ `     |_____||  \____//    \___//   \_____||
/_//      `-----`    `---`     `---`     `----`
`-`
```
• 12. Arizona State Income Tax

Find the state income tax and the effective tax rate for a taxable income of \$214,500.

These comments are not screened before publication. Constructive debate about the information on this page is welcome, but personal attacks are not. Please do not post comments that are commercial in nature or that violate copyright. Comments that we regard as obscene, defamatory, or intended to incite violence will be removed. If you find a comment offensive, you may flag it.

``` __   _      ___      _  _     _____   __    __
| || | ||   / _ \\   | \| ||  |  ___|| \ \\ / //
| '--' ||  | / \ ||  |  ' ||  | ||__    \ \/ //
| .--. ||  | \_/ ||  | .  ||  | ||__     \  //
|_|| |_||   \___//   |_|\_||  |_____||    \//
`-`  `-`    `---`    `-` -`   `-----`      `

```
• 13. Revenue from Individual Income Taxes

What percent of Arizona's state and local tax revenue comes from individual income taxes?

• Worked-Out Solution

Add the values in the graph to find the total tax revenue for Arizona in 2008.

So, individual income taxes made up

of the total tax revenue.

These comments are not screened before publication. Constructive debate about the information on this page is welcome, but personal attacks are not. Please do not post comments that are commercial in nature or that violate copyright. Comments that we regard as obscene, defamatory, or intended to incite violence will be removed. If you find a comment offensive, you may flag it.

``` _    _     ______               ___     _    _
| \  / ||  /_   _//   ____      / _ \\  | |  | ||
|  \/  ||   -| ||-   |    \\   | / \ || | |/\| ||
| .  . ||   _| ||_   | [] ||   | \_/ || |  /\  ||
|_|\/|_||  /_____//  |  __//    \___//  |_// \_||
`-`  `-`   `-----`   |_|`-`     `---`   `-`   `-`
`-`
```
• 14. Revenue from Property Taxes

What percent of Arizona's state and local tax revenue comes from property taxes?

These comments are not screened before publication. Constructive debate about the information on this page is welcome, but personal attacks are not. Please do not post comments that are commercial in nature or that violate copyright. Comments that we regard as obscene, defamatory, or intended to incite violence will be removed. If you find a comment offensive, you may flag it.

```  _____      ___     _____     _    _     _____
/  ___||   / _ \\  |  __ \\  | || | ||  / ____||
| // __    / //\ \\ | |  \ || | || | || / //---`'
| \\_\ || |  ___  ||| |__/ || | \\_/ || \ \\___
\____//  |_||  |_|||_____//   \____//   \_____||
`---`   `-`   `-`  -----`     `---`     `----`

```
• 15. Comparing Arizona and South Carolina Tax Revenues

Compare the percents of state and local tax revenue that come from sales taxes in Arizona and South Carolina (see Exercise 10 on page 219).

• Worked-Out Solution

You can use two circle graphs to compare the different percents.

The percents are surprisingly similar. The most obvious difference is that Arizona relies more heavily on sales tax as a source of revenue than South Carolina does.

These comments are not screened before publication. Constructive debate about the information on this page is welcome, but personal attacks are not. Please do not post comments that are commercial in nature or that violate copyright. Comments that we regard as obscene, defamatory, or intended to incite violence will be removed. If you find a comment offensive, you may flag it.

``` _    _     ______   _    _    _    _     ____
| \  / ||  /_   _// | |  | || | || | ||  |  _ \\
|  \/  ||   -| ||-  | |/\| || | || | ||  | |_| ||
| .  . ||   _| ||_  |  /\  || | \\_/ ||  | .  //
|_|\/|_||  /_____// |_// \_||  \____//   |_|\_\\
`-`  `-`   `-----`  `-`   `-`   `---`    `-` --`

```
• 16. Individual Income Taxes

In 2008, the total personal income in Arizona was about \$224 billion. Discuss using a flat tax to collect the amount of individual income taxes shown in the graph.

These comments are not screened before publication. Constructive debate about the information on this page is welcome, but personal attacks are not. Please do not post comments that are commercial in nature or that violate copyright. Comments that we regard as obscene, defamatory, or intended to incite violence will be removed. If you find a comment offensive, you may flag it.
```__    __     ___     _____     __   __   __   __