John has taxable income of $30,000. William has taxable income of $60,000. Determine their 2018 income taxes
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John has taxable income of $30,000. William has taxable income of $60,000. Determine their 2018 income taxes if they are both single individuals and claim the standard deduction. Compare their incomes and their income taxes. What does this illustrate?
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Williams income is twice Johns but his taxes ...View the full answer
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Related Book For 
Taxation For Decision Makers 2019
ISBN: 9781119497288
9th Edition
Authors: Shirley Dennis Escoffier, Karen A. Fortin
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