Given what you have learned about deductions do you believe


Question: Most people have heard that the rich get richer because they are not taxed as much as other people due to the deductions available to them. Given what you have learned about deductions, do you believe that a multimillionaire can minimize his or her taxes to effectively pay less than a person making $60,000 a year? Why or why not?

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Accounting Basics: Given what you have learned about deductions do you believe
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