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Assume that the tax rate on corporate taxable income up to $50,000 is 15%, and 25% for income levels between $50,001 and $75,000. If the Clumsy Chihuahua Music Company has a taxable income of $55,000, then it has a tax liability of and an average tax rate of . Suppose you want to invest $10,000. You have two options:
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Assume that the tax rate on corporate taxable income up to $50,000 is 15%, and 25% for income levels...
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