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a) Tom is single in 2019 and has $70,000 of taxable income, which includes $50,000 of long-term capital gain. b) Now suppose instead that Tom
a) Tom is single in 2019 and has $70,000 of taxable income, which includes $50,000 of long-term capital gain.
b) Now suppose instead that Tom has 2019 taxable income of $70000 which includes only $20000 of long term capital
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