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Homework answers / question archive / In a state where an engineer pays state income tax, the state tax is deductible on the federal tax return but the federal tax is not deductible on the state return
In a state where an engineer pays state income tax, the state tax is deductible on the federal tax return but the federal tax is not deductible on the state return. Assuming that the engineer's income is subject to 6% state tax rate and 46% federal rate, what is the combined rate?
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