Question

a person has gotten a new job with a much higher salary. he plans to spend his extra money on a new car and a great stereo system for his apartment.

Answer 1

Answer:

He will get a higher sales and income tax

Explanation:

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Answer 2

The person with a new job of a much higher salary and a new car and a great stereo system for his apartment, will attract more tax.

Effect of tax on higher salaries and properties

PAYE which is an acronym for pay as you earn,  is a form of tax deducted by an employer from the employee's salaries and wages.

As the person earns higher, his income tax increases, as he acquires more luxury properties, his personal tax increases as well.

Thus, the person with a new job of a much higher salary and a new car and a great stereo system for his apartment, will attract more tax.

Learn more about taxes here: https://brainly.com/question/1775528

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