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Alicia has a tax credit of $100 and a marginal tax rate of 28%. Alicia's income tax will be reduced by how much as a result of the credit?
A) $100
B) $128
C) $28
D) None of the above; her taxes will increase by $100.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
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bzapianbzapian
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