Alicia has a tax credit of $100 and a marginal tax rate of 28%. Alicia's income tax will be reduced by how much as a result of the credit?
A)
$28
B)
$128
C)
$100
D)
None of the above; her taxes will increase by $100.
C
You might also like to view...
In the communication model, the ______ is the route the message travels along.
A. communication channel B. message funnel C. transcript pathway D. neurolinguistic channel
Specialty products are purchased infrequently
Indicate whether the statement is true or false
A failure to exercise care or to act as a reasonable person would act is a breach of the ________.
A. res ipsa loquitur B. contract C. peace D. duty of care
The toxic triangle by Padilla et al. describes the interrelationships between ______.
A. destructive leaders, susceptible followers, and conducive environments B. destructive leaders, conforming followers, and stable environments C. conforming leaders, destructive followers, and unstable environments D. colluding followers, destructive leaders, and stable environments