Which of the following statements regarding tax credits istrue Multiple Choice Tax credits reduce taxable income dollar for dollar Tax credits reduce taxes due dollar for dollar Tax credits provide a greater tax benefit the greater thetaxpayer's marginal tax rate None of these statements are true

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Which of the following statements regarding tax credits istrue? Multiple Choice Tax credits reduce taxable income dollar for dollar. Tax credits reduce taxes due dollar

Which of the following statements regarding tax credits istrue?

Multiple Choice

Tax credits reduce taxable income dollar for dollar.
Tax credits reduce taxes due dollar for dollar.
Tax credits provide a greater tax benefit the greater thetaxpayer's marginal tax rate.
None of these statements are true.

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