The federal tax code allows businesses but not individuals, Business Economics

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The federal tax code allows businesses but not individuals

The federal tax code allows businesses but not individuals to deduct the cost of health insurance premiums from their taxable income. Consider a company named HeadBook that could either spend $5,000 on an insurance policy for an employee named Vanessa or increase her annual salary by $5,000 instead.

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Business Economics: The federal tax code allows businesses but not individuals

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