Jorge and Anita, married taxpayers, earn $150,000 in taxable income. Using the 2019 U. S. tax rate schedule for married filing jointly, how much federal tax will they owe

the  federal tax owed is $24,717

Explanation:

The computation of the federal tax owed is shown below:

Given that

Taxable income= $150,000

The status is married and filed jointly

Now the federal tax is

= $9,086 + 22% of ($150,000 - $78,950)

= $9,086 + 22% of $71,050

= $9,086 + $15,631

= $24,717

Hence, the  federal tax owed is $24,717

The same is to be considered and relevant

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.