Lars Osberg, a single taxpayer with a 35 percent marginal tax rate, desires health insurance. The health insurance will cost Lars $8,500 to purchase if he pays for it himself through the health exchange (Lars's AGI is too high to receive any tax deduction for the insurance as a medical expense). Answer the following questions about this benefit. (Do not round intermediate computations. Round your final answer to the nearest whole dollar amount.)
a. What is the maximum amount of before-tax salary Lars would give up to receive health insurance from Volvo?
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Home » Business » Lars Osberg, a single taxpayer with a 35 percent marginal tax rate, desires health insurance. The health insurance will cost Lars $8,500 to purchase if he pays for it himself through the health exchange (Lars's AGI is too high to receive any tax