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What Is the Tax Value of Money

Question 21

Multiple Choice

What is the tax value of money?


A) The difference between your before-tax and after-tax earnings.
B) The tax rate multiplied by the total income reported to the government.
C) Accounting for the fact that dividends are taxed more favourably than is interest income.
D) Accounting for the fact that dividends are not taxed while interest income is taxable.

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