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Question
jamal is a nurse and earns $48,000 per year. he lives in california and pays about 6 percent of his income in state income taxes. his sales tax rate is 8 percent. diamond is an accountant and earns $50,000 a year. she lives in arizona and pays about 3 percent of her income in state income taxes. her sales tax rate is 9.5 percent. who would pay more in state income taxes? jamal both jamal and diamond decide to buy a new computer at a store near their homes. the computer costs $500. who will end up paying more? jamal diamond they pay the same.
Step1: Calculate Jamal's state income tax
Jamal's income is $48,000, and his state income tax rate is 6%. So, his state income tax is $48,000 * 6% = $48,000 * 0.06 = $2,880.
Step2: Calculate Diamond's state income tax
Diamond's income is $50,000, and her state income tax rate is 3%. So, her state income tax is $50,000 * 3% = $50,000 * 0.03 = $1,500.
Step3: Compare the two amounts
Since $2,880 > $1,500, Jamal pays more in state income tax.
For the sales tax part:
Step1: Calculate Jamal's sales tax
The computer costs $500, and Jamal's sales tax rate is 8%. So, his sales tax is $500 * 8% = $500 * 0.08 = $40.
Step2: Calculate Diamond's sales tax
The computer costs $500, and Diamond's sales tax rate is 9.5%. So, her sales tax is $500 * 9.5% = $500 * 0.095 = $47.5.
Step3: Compare the two amounts
Since $47.5 > $40, Diamond pays more in sales tax.
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For state income taxes: Jamal pays more.
For sales taxes: Diamond pays more.