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A taxpayer with a 10% marginal tax rate receives a $1,000 tax credit and a $1,000 tax deduction. How much in savings is the tax
A taxpayer with a 10% marginal tax rate receives a $1,000 tax credit and a $1,000 tax deduction. How much in savings is the tax credit and tax deduction worth? Select answer from the options below $100 for tax credit and $1,000 for tax deduction. $1,000 for tax credit and $100 for tax deduction. $100 for tax credit and $100 for tax deduction. $1,000 for tax credit and $1,000 for tax deduction
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