Business
Business, 03.04.2020 20:26, sudotoxic

Om paid $10k in mortgage interest and $8k in property taxes last year. His average tax rate is 21.5%, his marginal tax rate is 28%. Compute Tom’s tax shield from the mortgage interest and property tax deduction.

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Om paid $10k in mortgage interest and $8k in property taxes last year. His average tax rate is 21.5%...

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