Mrs.Bern's marginal tax rate is 35%,and her grandson Jeff's marginal tax rate is 12%.Which of the following statement is false?
A) The family could save 23 cents of tax for every dollar of deduction shifted from Jeff to Mrs.Bern.
B) The family could save 23 cents of tax for every dollar of income shifted from Mrs.Bern to Jeff.
C) Any income shift from Mrs.Bern to Jeff is constrained by the assignment of income doctrine.
D) None of the above is false.
Correct Answer:
Verified
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