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Kathy, an insurance executive, contributed $1,000,000 to the re-election campaign of Governor Williams, in hopes that Williams will appoint her to a coveted position

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Kathy, an insurance executive, contributed $1,000,000 to the re-election campaign of Governor Williams, in hopes that Williams will appoint her to a coveted position on the State Board of Insurance. How much of the contribution can Kathy deduct? $0 $2,000 $500,000 $1,000,000

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