BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
Question
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Which of the following statements about state and city income taxes is true?
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State and city income taxes never use a flat tax rate.
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If you owe federal income tax, you are not responsible for state or city income tax.
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State and city income tax is based on your federal taxable income.
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If you live in a city that charges income tax, you will not owe state income tax.
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Explanation:
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