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Tax deductions for college students - Essay Example

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i. To show before my audience that a change in tax law, that makes the tax rate for single college students the same as married couples, is required so that it is easier for students to meet the costs of college.
a. Married couples get tax deductions whereas single students do…
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Tax deductions for college students

Download file to see previous pages... v. The government should make a tax deduction on all college expenses of the single students so that they are no longer under burden to meet college expenses along with paying the high amount of tax that is applicable to them.
vi. Making deductions on college expenses would also result in the students having more time to concentrate on their studies, thus they will acquire more knowledge and gain more expertise in their chosen field.
iii. Those attending college will have a higher earning power, thus, the government will get repaid for its tax deductions, as the higher income bracket of these college graduates would mean they would pay more ...Download file to see next pagesRead More
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