Suppose that, in an effort to reduce the federal deficit, Congress increases the top personal tax rate on interest and dividends to 35% but retains a 12% tax rate on realized capital gains. The corporate tax rate stays at 25%. Assume capital gains are 50% of equity income. a. Compute the total corporate plus personal taxes paid on each $1 of debt income. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Total tax $ b. Compute the total corporate plus personal taxes paid on each $1 of equity income if all capital gains are realized immediately. (Do not round intermediate calculations. Round your answer to 4 decimal places.) Total tax $ c. Compute the total corporate plus personal taxes paid on each $1 of equity income if all capital gains are deferred forever. (Do not round intermediate calculations. Round your answer to 4 decimal places.) Total tax $