Which of the following formulas is most representative of a negative income tax proposal?
A) TAXES OWED = (1/4 of INCOME) * $2
B) TAXES OWED = (1/2 of INCOME) - $18
C) 000TAXES OWED = (1/2 of INCOME) * 3/4
D) TAXES OWED = (1/3 of INCOME) + $18 000
Correct Answer:
Verified
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