Sam is subject to a 40 percent tax on income, and her, Ask an Expert

Economics

Sam is subject to a 40 percent tax on income, and her after-tax income is 90,000. Now suppose the government permits her to deduct her contributions (to oscar0 from her income before the 40 percent tax rate is applied. How will this deduction affect her budget line?

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Econometrics, Economics

Category:- Econometrics
Reference No.:- M9693035

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