Evaluate the ethical issues related to the payment

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Question - 1. Evaluate the three strategies reducing income, increasing deductions and taking advantage of tax credits that you listed based on their overall effect on a person's tax situation (the amount of income taxes that the person will have to pay).

2. Evaluate the ethical issues related to the payment of income taxes. in other words, if there is a legal tax-saving strategy available to a person who earns $50,000 per year, will it be ethical for the person to utilize this strategy in order to pay less tax?

3. State how your answer to the previous question would change if the person were making $1,500,000.

Reference no: EM133123452

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