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Assume Sarah is a cash-method calendar-year taxpayer. She made a $1,500 contribution to the mayor's re-election campaign. What is the aftertax cost of this payment

Assume Sarah is a cash-method calendar-year taxpayer. She made a $1,500 contribution to the mayor's re-election campaign. What is the aftertax cost of this payment assuming she has a 25 percent marginal tax rate? 1125

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