To fully understand how taxes affect economic well-being, we must compare the
a) consumer surplus to the producer surplus.
b) price paid by buyers to the price received by sellers.
c) reduced welfare of buyers and sellers to the revenue raised by the government.
d) consumer surplus to the deadweight loss.

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You meet that special person and get married. amazingly your spouse has exactly the same income you do 47,810. if your tax status is now married filing jointly what is your tax liability

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of