1.: What are the potential financial risks of avoiding taxes illegally? 2.: What is the difference between...
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Question:
1.: What are the potential financial risks of avoiding taxes illegally?
2.: What is the difference between a marginal tax rate and an average tax rate?
3.: Describe why it is important to pay federal income taxes, state income taxes.
4.: What services are funded by these taxes?
5.: What can you do to try to save money on taxes? **Remember, trying to reduce your taxes is legal, but evading taxes is not.
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