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You make $38,000 per year. You have been offered a promotion and a $5,000 raise per year. Your average federal income tax rate will go up from 12% to 16% per year. Should you take the new job and the raise?

Respuesta :

ijaz4308

Answer:

Please see explanation

Explanation:

My take home salary when i was making $38,000 is given below:

Take home salary=$38,000*88%=$33,440

My take home salary when i will be making $43,000(38,000+5,000) for new role is given below:

Take home salary=$43,000*84%=$36,120

So the increase in my salary is $2,680 (36,120-33,440) due to new job and raise and therefore i should accept it.

Answer:

Yes

Explanation:

Because is goes up a pecentiace.  

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