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Mr . Oliver s income is subject to federal, state, and city taxes. The tax rates are: Federal: 4 0 % of taxable income after

Mr. Olivers income is subject to federal, state, and city taxes. The tax rates are:
Federal: 40% of taxable income after deducting state and city taxes.
State: 20% of taxable income after deducting federal and city taxes.
City: 10% of taxable income after deducting federal and state taxes
His taxable income is $58,400. Find the amount of each tax.
Federal:
State:
City:

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