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he earned $60 income. 20% imposed on tax whats income now?
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that is 60 - (60* 0.20) or simply 60 * 0.80
really? i thought it would be 60*0.20?
Generally, when one earns money, tax is withheld from one's pay. So, imagine you earn $60, but your employer is required by your State to deduct 20% of that as a tax. How much pay would you actually receive, in this case? That's what @nincompoop is showing you in his/her comment, above.
He earned $60 income. 20% imposed on tax whats income now? Ummm... Income is still $60.00 If it is all taxed away and a cow jumps over the moon, the income is still $60.00. Perhaps a better question?
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