Answer:
$750.00
Step-by-step explanation:
$54,400 ÷ 12 = $4366.66
the first $1000, is taxed at 1.5%
1000 × .15 = $150.00
that leaves Bode with $3366.66 of taxable income.
the first $2000.00 is taxed at 3%.
2000 × .3 = $600.00
leaving $1366.00 of non-taxable income. since it's below a second $2000, Bode's state has squeezed out as much as legally allowed from his paycheck.
$150.00 + $600.00 = $750.00
Bode should move to a less greedy state.
