The table below shows the incomes and rates of income tax levied on four professionals in an economy. Profession Income per month($) Tax rate % Disposable i...

Question 1 Report

The table below shows the incomes and rates of income tax levied on four professionals in an economy.
 

 Profession  Income per month($)  Tax rate %  Disposable income ($)
 Doctor  8,000  10  
 Engineer  7,000  12  
 Civil servant  5,000  18  
 Nurse  6,000  15  

Use the above data to answer the questions that follows: 

(a) Calculate the disposable incomes of the four individuals

(b) What system of taxtation was employed?

(c) Give reasons for your answer in 2(b)

(d) With the aid of a diagram, explain the system of taxation employed in 2(b)

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