Chemistry, 11.12.2020 04:00, ineedhelp2285

Question 2 of 10 A person has $100,000 in taxable income for a year and pays a 10 percent
income tax rate, equal to $10,000. Which action would reduce the amount the
person paid in taxes to $5,000?
A. Receiving a $95,000 tax credit
B. Receiving a $95,000 tax deduction
C. Receiving a $5,000 tax deduction
D. Receiving a $5,000 tax credit
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Answers: 3

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Question 2 of 10 A person has $100,000 in taxable income for a year and pays a 10 percent
inc...