John has taxable income of $30,000. William has taxable income of $60,000. Determine their 2017 income taxes

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John has taxable income of $30,000. William has taxable income of $60,000. Determine their 2017 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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Related Book For  answer-question

Taxation For Decision Makers 2018

ISBN: 9781119373735

8th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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