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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The gross earnings for a small corporation were $54,000 in 1970. What would have been the percent reduction in Federal income taxes paid by the company if the tax rates in effect in 1988 had been in effect in 1970? (See Table 2 for Federal income-tax rules in effect.)


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