The conflict in the United States then was that Congress do not have the power to tax and they do not also have the power to monitor foreign and interstate commerce, etc.
<h3>What was this issue about?</h3>
The Articles of Confederation was said to have made a kind of loose confederation where there was a sovereign states and then a kind of weak central government.
Conclusively, Here, almost all power were said to be with the state governments. and thus issue were said to arise as Congress do not have the power to tax and they do not also have the power to monitor foreign and interstate commerce, etc.
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Answer:
This question is missing the Tom's marginal tax rate.
So, I assume it will be 35%
ATRR= 0.052; 8yrs: 187,514, 20yrs: 344,528
Explanation:
ATRR = (.08 x (1 - 0.35) = 0.052 ;
8yrs = $125,000 x (1.052)^8 = 187,514
20yrs = $125,000 x (1.052)^20 = 344,528
Answer:
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