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please do all parts of the wuestion and i will like DOVE Check my work 3. Problem 24-02 (algo) The federal tax code allows businesses

please do all parts of the wuestion and i will like
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DOVE Check my work 3. Problem 24-02 (algo) The federal tax code allows businesses but not individuals to deduct the cost of health insurance premiums from their taxable income Consider a company named HeadBook that could either spend $10,000 on an insurance policy for an employee named Vanessa or Increase her annual salary by $10.000 instead Instructions: Enter your answers as a whole number 3. As far as the tax code is concerned, HeadBook will increase its expenses by $10,000 in either case. If HeadBook pays for the policy It incurs a $10,000 health care expense. If it raises Vanessa's salary by $10,000, it incurs $10,000 of salary expense. If HeadBook is profitable and pays corporate profit taxes at a marginal 35 percent rate, by how much will HeadBook's toxlability be reduced in either case? 2000 b. Suppose that Vanessa pays personal income tax at a margine 20 percent rate. If Headtlook Increases her salary by $10.000. HOW much of that increase will she have after paying taxes on that raise? 100 # Vanessa can devote what remains after paying taxes on the $10,000 only to purchasing health Insurance, how much will she be able to spend on health insurance for herself? c. If HeadBook spends the $10,000 on a health insurance policy for Vanessa instead of giving it to her as a raise, how many more dollars will HeadBook be able to spend on Vanessa's health insurance than if she had to purchase it herself after being given a $10,000 raise and paying taxes on that raise? $ d. Would Vanessa prefer to have the raise or to have HeadBook purchase insurance for her? Check my w 3 mach of that increase will she have after paying taxes on that raise? # Vanessa can devote what remains after paying taxes on the $10,000 only to purchasing health Insurance, how much wil she be able to spend on health insurance for herself? ct HeadBook spends the $10,000 on a health insurance policy for Vanessa instead of giving it to her as a raise, how many more dollars will HeadBook be able to spend on Vanessa's health insurance than if she had to purchase it herself after being given a $10.000 raise and paying taxes on that raise? d. Would Vanessa prefer to have the rise or to have HeadBook purchase insurance for her? Would Headtlook have any profit motive for denying Vonesa ner preference? Suppose the government changes the tax law so that individuals can now deduct the cost of health insurance from their personal Inscomes. Vanessa gets the $10.000 raise and then spends all of it on health insurance, will her tax liability change? How much will she be able to spend on health insurance? 5 w she now have a preference for HeadBook to buy insurance on her behalt? n 1150 151 Max Check my work 13 Problem 24-02 (algo) The federal tax code allows businesses but not individuals to deduct the cost of health insurance premiums from their taxable income. Consider a company named HeadBook that could either spend $10,000 on an insurance policy for an employee named Vanessa or increase her annual salary by $10,000 instead Instructions: Enter your answers as a whole number a. As far as the tax code is concerned, HeadBook will increase its expenses by $10,000 in the case. If HeadBook pays for the policy it incurs a $10,000 health care expense. If it raises Vanessa's salary by $10,000. It incurs $10,000 of salary expense. If Headbooks profitable and pays corporate profit taxes at a marginal 35 percent rate, by how much wil Headlook's taxability be reduced in either cos 0 S b. Suppose that Vanessa pays personal income tax at a marginal 20 percent rate. It Headlook increases her salary by $10,000, HOW much of that increase will she have after paying taxes on that raise? wo Vanessa can devote what remains aher paying taxes on the $10,000 only to purchasing health insurance, how much will she be able to spend on health insurance for herself? Hendlook spends the $10,000 on a health insurance policy for Vanessa instead of giving it to her as a raise, how many more dollars will HeadBook be able to spend on Vanessa's health insurance than if she had to purchase it herself after being given a $10.000 raise and paying taxes on that raise? $ Would Vanessa prefer to have the rise or to have HeadBook purchase insurance for her? 1500 If Vanessa can devote what remains after paying taxes on the $10,000 only to purchasing health insurance, how much will she be able to spend on health insurance for herself? If HeadBook spends the $10,000 on a health insurance policy for Vanessa instead of giving it to her as a raise, how many more dollars will HeadBook be able to spend on Vanessa's health insurance than if she had to purchase it herself after being given a $10,000 raise and paying taxes on that rase? 3. Would Vanessa prefer to have the rise or to have HeadBook Durchase insurance for her? che to Would Headthook have any profit motive for denying Vanessa her preterence? e Suppose the government changes the tax law so that individuals can now deduct the cost of health insurance from their personal incomes. If Vanessa gets the $10,000 raise and then spends all of it on health insurance will her talability change? How much will she be able to spend on health insurance? $ Will she now have a preference for HeadBook to buy insurance on her behair DOVE Check my work 3. Problem 24-02 (algo) The federal tax code allows businesses but not individuals to deduct the cost of health insurance premiums from their taxable income Consider a company named HeadBook that could either spend $10,000 on an insurance policy for an employee named Vanessa or Increase her annual salary by $10.000 instead Instructions: Enter your answers as a whole number 3. As far as the tax code is concerned, HeadBook will increase its expenses by $10,000 in either case. If HeadBook pays for the policy It incurs a $10,000 health care expense. If it raises Vanessa's salary by $10,000, it incurs $10,000 of salary expense. If HeadBook is profitable and pays corporate profit taxes at a marginal 35 percent rate, by how much will HeadBook's toxlability be reduced in either case? 2000 b. Suppose that Vanessa pays personal income tax at a margine 20 percent rate. If Headtlook Increases her salary by $10.000. HOW much of that increase will she have after paying taxes on that raise? 100 # Vanessa can devote what remains after paying taxes on the $10,000 only to purchasing health Insurance, how much will she be able to spend on health insurance for herself? c. If HeadBook spends the $10,000 on a health insurance policy for Vanessa instead of giving it to her as a raise, how many more dollars will HeadBook be able to spend on Vanessa's health insurance than if she had to purchase it herself after being given a $10,000 raise and paying taxes on that raise? $ d. Would Vanessa prefer to have the raise or to have HeadBook purchase insurance for her? Check my w 3 mach of that increase will she have after paying taxes on that raise? # Vanessa can devote what remains after paying taxes on the $10,000 only to purchasing health Insurance, how much wil she be able to spend on health insurance for herself? ct HeadBook spends the $10,000 on a health insurance policy for Vanessa instead of giving it to her as a raise, how many more dollars will HeadBook be able to spend on Vanessa's health insurance than if she had to purchase it herself after being given a $10.000 raise and paying taxes on that raise? d. Would Vanessa prefer to have the rise or to have HeadBook purchase insurance for her? Would Headtlook have any profit motive for denying Vonesa ner preference? Suppose the government changes the tax law so that individuals can now deduct the cost of health insurance from their personal Inscomes. Vanessa gets the $10.000 raise and then spends all of it on health insurance, will her tax liability change? How much will she be able to spend on health insurance? 5 w she now have a preference for HeadBook to buy insurance on her behalt? n 1150 151 Max Check my work 13 Problem 24-02 (algo) The federal tax code allows businesses but not individuals to deduct the cost of health insurance premiums from their taxable income. Consider a company named HeadBook that could either spend $10,000 on an insurance policy for an employee named Vanessa or increase her annual salary by $10,000 instead Instructions: Enter your answers as a whole number a. As far as the tax code is concerned, HeadBook will increase its expenses by $10,000 in the case. If HeadBook pays for the policy it incurs a $10,000 health care expense. If it raises Vanessa's salary by $10,000. It incurs $10,000 of salary expense. If Headbooks profitable and pays corporate profit taxes at a marginal 35 percent rate, by how much wil Headlook's taxability be reduced in either cos 0 S b. Suppose that Vanessa pays personal income tax at a marginal 20 percent rate. It Headlook increases her salary by $10,000, HOW much of that increase will she have after paying taxes on that raise? wo Vanessa can devote what remains aher paying taxes on the $10,000 only to purchasing health insurance, how much will she be able to spend on health insurance for herself? Hendlook spends the $10,000 on a health insurance policy for Vanessa instead of giving it to her as a raise, how many more dollars will HeadBook be able to spend on Vanessa's health insurance than if she had to purchase it herself after being given a $10.000 raise and paying taxes on that raise? $ Would Vanessa prefer to have the rise or to have HeadBook purchase insurance for her? 1500 If Vanessa can devote what remains after paying taxes on the $10,000 only to purchasing health insurance, how much will she be able to spend on health insurance for herself? If HeadBook spends the $10,000 on a health insurance policy for Vanessa instead of giving it to her as a raise, how many more dollars will HeadBook be able to spend on Vanessa's health insurance than if she had to purchase it herself after being given a $10,000 raise and paying taxes on that rase? 3. Would Vanessa prefer to have the rise or to have HeadBook Durchase insurance for her? che to Would Headthook have any profit motive for denying Vanessa her preterence? e Suppose the government changes the tax law so that individuals can now deduct the cost of health insurance from their personal incomes. If Vanessa gets the $10,000 raise and then spends all of it on health insurance will her talability change? How much will she be able to spend on health insurance? $ Will she now have a preference for HeadBook to buy insurance on her behair

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