Explain how it differs from federal individual income tax

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Reference no: EM131865191

a. Write a short paragraph about the Flat Tax and explain how it differs from federal individual income tax.

b. When you buy groceries, which items were subjected to your state tax and which items were exempt from sales tax.

c. last month in July 2 2012 they bought research equipment and special tools for 60,000. use macrs for depreciation. how much can they take for these three years. 2012, 2015 & 2016.

Reference no: EM131865191

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