A country is considering two income tax rates. Geoffrey is comparing what his tax bill would be under each plan. Under plan A, he pays 5% on the first $10,000. The next $85,000 is taxed at a rate of 10%. Any money earned above $95,000 is taxed at 15%. He made $98,000 last year. Which statement below is correct?

Step-by-step explanation:

The total tax rate for each plan is computed below:

Plan A= [5%(10000)]+[10%(85000)]+[(15%(3000)]

Plan A= $9450

For Plan B, tax is computed at 10% across all earnings

Plan B= 10%x(98000)

Plan B= $9800

Difference = Plan B-Plan A=($9800-$9450)

                  = $350

From the computed tax rate in each plan. Plan B will pay $350 more than

A

Step-by-step explanation:

$350 more under plan b

b. hannah is playing with her cousin at