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This year Phil's gross income is $80,000. His deductions for federal and provincial taxes, CPP contributions and employment insurance are $16,000. He also had after-tax

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This year Phil's gross income is $80,000. His deductions for federal and provincial taxes, CPP contributions and employment insurance are $16,000. He also had after-tax investment earnings of $6,000. Taylor's take home pay is: Multiple Choice $70,000 $58,000 $86,000 $80,000 O $64,000

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