Use the information in Table 1-3. If the federal tax system was changed to a proportional tax

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Use the information in Table 1-3. If the federal tax system was changed to a proportional tax rate structure with a tax rate of 17%, calculate the amount of tax liability for 2014 for all taxpayers. How does this amount differ from the actual liability?
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Fundamentals Of Taxation 2017

ISBN: 9781259752735

10th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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