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Exercise 2. (a) How much federal income tax (2021) would a person have to pay with a taxable income of $240,000? (7 marks) (b) How

Exercise 2. (a) How much federal income tax (2021) would a person have to pay with a taxable income of $240,000? (7 marks) (b) How much provincial (Ontario 2021) income tax would a person have to pay with a taxable income of S240.000? (7 marks)

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