Lis marginal tax rate is 35 percent, and he itemizes his tax deductions. How much is a

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Li’s marginal tax rate is 35 percent, and he itemizes his tax deductions. How much is a $ 500 deduction worth to him? How much is a $ 500 tax credit worth to him?

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Public Finance

ISBN: 978-0078021688

10th edition

Authors: Harvey Rosen, Ted Gayer

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Question Posted: Mar 25, 2015 09:43 AM

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Lis marginal tax rate is 35 percent, and he itemizes his tax deductions. How much is a

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For an itemizer a 500 tax deduction lowers the tax b...View the full answer

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