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Business, 22.04.2020 00:55 living8539

Suppose that there is a flat 20% income tax rate, but otherwise the US tax law is the same as that in place. You make $40,000 per year. If your employer pays for your $4,000 per year insurance policy and deducts the expense from your salary, your after-tax, after-insurance take-home pay is . If instead you pay for your $4,000 per year policy directly, your after-tax, after-insurance take-home pay is .

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