Question
As anyone who has watched him speak knows, Donald Trump is very wealthy. Due to this large personal wealth, he likely itemizes when filing his
As anyone who has watched him speak knows, Donald Trump is very wealthy. Due to this large personal wealth, he likely itemizes when filing his federal income tax return. Assuming that Mr. Trump wants to minimize his personal income tax liability (a fair assumption, given his self-proclaimed business savvy), which of the following options would he prefer?
Group of answer choices
A $10,000 tax credit for purchasing an energy efficient car
A $10,000 tax deduction for owning a home
A $10,000 tax deduction for donating to his favorite charity
All of the above would have the same effect on his personal income tax liability
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