The U.S. income tax differs from a comprehensive income tax for each of the following. Explain the

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The U.S. income tax differs from a comprehensive income tax for each of the following. Explain the difference for each one:

a. Capital income when there is inflation.

b. Receiving a cash gift or an inheritance.

c. An employer’s purchase of health insurance for an employee.

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Public Finance

ISBN: 9780073375748

1st Edition

Authors: Laurence S. Seidman

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