Chapter 2 – Net Pay

Property taxes. State and local income taxes. Theft losses. Contributions to charity - Exemptions of $3,500 per person = Taxable Income…this is the amount you should be paying taxes on (the lower, the better) Homework – do pages 15-17 due tomorrow. 2-3 State and City Income Taxes. 1. State and City Flat Income Taxes ................
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