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Calculate the total taxes owed by someone with 50000 of

Now, suppose we allow a tax deduction for all giving to charity, and a $500 refundable tax credit for buying a new home.

a. Calculate the total taxes owed by someone with $50,000 of income who gives $5,000 to charity and buys a new home.

b. Calculate the total taxes owed by someone with $20,000 of income who gives $100 to charity and does not buy a new home.

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Business Management: Calculate the total taxes owed by someone with 50000 of

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