question archive Which of the following statements is CORRECT? a

Which of the following statements is CORRECT? a

Subject:FinancePrice: Bought3

Which of the following statements is CORRECT?

a. Individuals are allowed to exclude 50% of their dividend income from their taxes.b. Individuals are allowed to exclude 50% of their interest income from their taxes.c. Individuals pay taxes on only 30% of the income realized from municipal bonds.d. Corporations are allowed to exclude 50% of their dividend income from corporate taxes.e. Corporations are allowed to exclude 50% of their interest income from corporate taxes.

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