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Song earns $305,000 taxable income as an interior designer and is taxed at an average rate of 20 percent (i.e., $61,000 of tax). a. If

Song earns $305,000 taxable income as an interior designer and is taxed at an average rate of 20 percent (i.e., $61,000 of tax).

a.

If Congress increases the income tax rate such that Song

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