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Define the fair tax Define the flat tax Which of the three tax structures (questions 4,5,6) do you prefer and why What is the highest

Define the fair tax

Define the flat tax

Which of the three tax structures (questions 4,5,6) do you prefer and why

What is the highest federal marginal tax rate for individual income tax payers?

  1. How do tax deductions and tax credits differ?
  2. Give an example of a current tax deduction and a current tax credit.

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