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Maria is in the 33% tax bracket. Steve is in the 35% tax bracket. They each itemize their deductions and pay $20,000 in mortgage interest
Maria is in the 33% tax bracket. Steve is in the 35% tax bracket. They each itemize their deductions and pay $20,000 in mortgage interest during the year. Compare their true costs for mortgage interest.
Maria's true cost for mortgage interest is $
Steve's true cost for mortgage interest is $
.
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