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Vedmedyk [2.9K]
1 year ago
12

e. suppose the government changes the tax law so that individuals can now deduct the cost of health insurance from their persona

l incomes. if vanessa gets the $17,500 raise and then spends all of it on health insurance, will her tax liability change? no correct how much will she be able to spend on health insurance?
Business
1 answer:
Elis [28]1 year ago
3 0

Answer:

The amount of taxes owed by Vanessa won't alter. She will be able to purchase health insurance for $5000. She won't favour HeadBook anymore while purchasing insurance.

Explanation:

Vanessa's taxable income won't change as a result of the fact that people can now deduct the expense of health insurance. As a result, she will still owe the same amount of income tax (so that her taxes paid will increase by zero dollars.) The cost of her health insurance will be $5000. As she can now afford just as much if HeadBook gives her the $5000 raise as if HeadBook spent the $5000 directly buying her health insurance, she will no longer prefer for HeadBook to purchase insurance for her.

Learn more about Vanessa visit: brainly.com/question/27703998

#SPJ4

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<h2>What is transfer of training?</h2>

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brainly.com/question/4203046

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7 0
2 years ago
A firm could continue to operate for years without ever earning a profit as long as it is producing an output where
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A firm could continue to operate for years without ever earning a profit as long as it is producing an output where

<span> B. MR >AVC</span>

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5 0
4 years ago
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Answer 1  

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6 0
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Answer:

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