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Agnes an executive of a large corporation receives a salary

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Agnes, an executive of a large corporation, receives a salary of $1.5 million. Taylor, who is an executive of another large corporation, receives a salary of $1.3 million. Agnes's corporation is permitted to deduct all of her salary while Taylor's corporation is permitted to deduct only part of his. Neither corporation is a TARP recipient. Assuming both salaries are reasonable, explain the result.

Reference no: EM13592263

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