Jane has an income of $85,000 and a marginal tax rate of 29.65%. Amanda has...
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Accounting
Jane has an income of $ and a marginal tax rate of Amanda has an income of $ and a marginal tax rate of They are each presented the choice of receiving a tax credit or a tax deduction.
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Jane would benefit more from the tax deduction than Amanda but they would both choose the tax credit.
Amanda would benefit more from the tax deduction than Jane but they would both choose the tax credit.
Jane would benefit more from the tax deduction and would therefore choose the tax deduction over the tax credit.
Amanda would benefit more from the tax deduction and would therefore choose the tax deduction over the tax credit.
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