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For the year 2019/2020 Which of the following refers to financial obligations imposed on individuals and businesses by government entities? Social welfare. Public service. Loan.

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Which of the following refers to financial obligations imposed on individuals and businesses by government entities? Social welfare. Public service. Loan. Taxes. Carol is single and has taxable income of $21000. What is the tax on her taxable income? (Round answers to 2 decimal places, e.g. 52.75.) $952.50. $3150.00. $2329.50. $0.00. O O Gary is single and has taxable income of $24000. What is his tax? (Round answers to 2 decimal places, e.g. 52.75.) $3600.00 $1440.00. $2880.00. $2689.50. Much of the debate in Congress and in society about taxes focuses on: O O O O the total amount of tax revenue to be collected. whether individuals should pay taxes. who should pay taxes. O reducing the national debt. Karen is considering a new job where she would earn $6800 more per year. With her current job and situation her tax is $6600. With her new pay raise her taxes would increase to $8300. What is Karen's marginal tax rate?(Round answers to O decimal place, e.g. 5275.) 25%. 31%. O O O O 15%. 34%

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