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    Public Finance and Public Policy
  4. Exam
    Exam 18: Taxation- How It Works and What It Means
  5. Question
    By Which Item Can Taxpayers Reduce the Taxes They Owe
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By Which Item Can Taxpayers Reduce the Taxes They Owe

Question 26

Question 26

Multiple Choice

By which item can taxpayers reduce the taxes they owe to the government through spending,for example,on child care?


A) itemized deduction
B) standard deduction
C) tax credit
D) exemption

Correct Answer:

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