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If your income is $40,000 and tax is 25% how much would you take home?
 one year ago
 one year ago
If your income is $40,000 and tax is 25% how much would you take home?
 one year ago
 one year ago

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jim_thompson5910Best ResponseYou've already chosen the best response.1
what is 25% of 40,000?
 one year ago

jim_thompson5910Best ResponseYou've already chosen the best response.1
subtract that from 40,000 and that's your take home pay after taxes
 one year ago

jim_thompson5910Best ResponseYou've already chosen the best response.1
an alternative is to multiply 40,000 by 0.75 because you are essentially taking home 75% of 40,000 after you subtract off 25% to pay for taxes
 one year ago
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