Ontarians pay a health tax premium based on their yearly taxable income. If taxable incomes up to $\$ 25,000$ pay a rate of $6.41 \%$ for the health tax premium, with no tax payable on the first $\$ 20,000$, how much is the health tax premium for a taxable income of $\$ 23,617$ ?

Question

Quizplus · Accepted Answer

The Answer of Ontarians pay a health tax premium based on their yearly taxable income. If taxable incomes up to $\$ 25,000$ pay a rate of $6.41 \%$ for the health tax premium, with no tax payable on the first $\$ 20,000$, how much is the health tax premium for a taxable income of $\$ 23,617$ ?

Ontarians Pay a Health Tax Premium Based on Their Yearly $25,000\$ 25,000$25,000

Ontarians Pay a Health Tax Premium Based on Their Yearly $\$ 25,000$