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C. What would be the amount of savings for a taxpayer who receives a $1000 tax deduction and a $1000 tax credit. Assume a 30%

C. What would be the amount of savings for a taxpayer who receives a $1000 tax deduction and a $1000 tax credit. Assume a 30% marginal tax rate and that they have a tax bill at the end of the year of $1000. (2 marks)

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