Question

• For taxable income from $0 to $45,000, you pay 12% of it in taxes, plus • For taxable income from $45,001 to $200,000, you pay 25% of it in taxes, plus • For taxable income from $200,001 to $500,000, you pay 35% of it in taxes, plus • For taxable income of $500,001 or more, you pay 39.6%. Where the standard deduction was raised to $12,200 and the personal exemption was eliminated. For the remaining exercises, we will only consider this proposed tax plan. Answer the following questions: 1. Create a table showing the amount of money that can be taxed in each bracket and the maximum tax that can be charged in that bracket. 2. Write a function to model the total tax paid, T(x), with a total income of x dollars. 3. What is the slope of the line when an individual’s total income is $210,000? What does this value represent?

Answer 1

Current research in supply chain management is concerned with topics related to sustainability and risk management, among others. Some suggest that the “people dimension” of SCM, ethical issues, internal integration, transparency/visibility, and human capital/talent management are topics that have, so far, been underrepresented on the research agenda.