Discuss the various effects of income taxes on the ability to work, save and invest
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Discuss the various effects of income taxes on the ability to work, save and invest
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- How much of the following is gross income subject to income tax?Evaluate the three strategies reducing income, increasing deductions and taking advantage of tax credits that you listed based on their overall effect on a person's tax situation (the amount of income taxes that the person will have to pay).Where can I find after tax interest income on a balance sheet or income statement(trying to find Economic Value added after-tax interest+net income-(cost of capital))? I have work that only shows interest expense before finding EBT. Do we use interest expense?