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Marcy currently pays 1 5 % in dividends and capital gains taxes and 3 5 % in ordinary income taxes. She expects to retire in
Marcy currently pays in dividends and capital gains taxes and in ordinary income taxes. She expects to retire in three years when her dividends and capital gains taxes will decline to and her ordinary income taxes to Marcy has entered a contract with a buyer to purchase her home in years for $ Marcy is delighted at this sale price since she only paid $ for the house last year. What are Marcy's taxes on this transaction?
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