Roler is considering making a $3,000 investment in a venture that its promoter promises will generate...
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Roler is considering making a $3,000 investment in a venture that its promoter promises will generate immediate tax benefits for him. Roler, who does not anticipate itemizing his deductions, is in the 30% marginal income tax bracket. If the investment is of a type that produces a tax credit of 40% of the amount of the expenditure, by how much will Roler's tax liability decline because of the investment? OA SO OB. $900 OC.$1,100 OD $1,200 OE. None of the above Roler is considering making a $3,000 investment in a venture that its promoter promises will generate immediate tax benefits for him. Roler, who does not anticipate itemizing his deductions, is in the 30% marginal income tax bracket. If the investment is of a type that produces a tax credit of 40% of the amount of the expenditure, by how much will Roler's tax liability decline because of the investment? OA SO OB. $900 OC.$1,100 OD $1,200 OE. None of the above
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