SOLUTION: Suppose there are no taxes on the first $14000 of income and any income above $14000 is taxed at a 15% rate. A tax-law change is proposed that there should be no taxes on the first
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Question 243993: Suppose there are no taxes on the first $14000 of income and any income above $14000 is taxed at a 15% rate. A tax-law change is proposed that there should be no taxes on the first $16000 of income and the rate should be 17% on any income above $16000. People with which incomes will pay less under the proposed charges? Answer by rfer(16322) (Show Source):