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Business, 05.10.2019 23:30 fattypickeltoefungus

Kelly sells life insurance and is considering buying a $60,000 mercedes for business purposes (thus, the expense reduces her taxable income). if kelly is in the 40 percent marginal tax bracket, how much after-tax income will she have to give up in order to enjoy the mercedes?

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Kelly sells life insurance and is considering buying a $60,000 mercedes for business purposes (thus,...
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