Income tax bracket, “If you found yourself in the 91

Income tax bracket

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Reference no: EM131216359

“If you found yourself in the 91 percent income tax bracket in 1951, how great would have been your incentive to find legal loopholes to reduce your federal tax liabilities? If you found yourself in the lowest federal personal income tax bracket, say. 15 percent, would your incentives to find loopholes to reduce your tax bill be the same. Please explain.”

Reference no: EM131216359

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