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If in the negative income tax proposal the guaranteed income floor is $5,000 and the tax rate is 25%, what is the value of the breakeven income? $45,000. $6,750. $2,250. $36,000 $20,000.

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If in the negative income tax proposal the guaranteed income floor is $5,000 and the tax rate is 25%, what is the

value of the breakeven income?

$45,000.

$6,750.

$2,250.

$36,000

$20,000.

 
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