Based on the exhibit attached, we can calculate that a person earning $50,000 will pay $9,250.
People earning $50,000 fall into the $42,001 - $100,000 bracket which means that they pay $7,250 + 25% of everything over $42,000.
The amount of taxes is:
= 7,250 + ( 25% x (50,000 - 42,000))
= 7,250 + (25% x 8,000)
= $9,250
In conclusion, the person would pay $9,250 in taxes.
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