The employer's annual payments for health insurance are generally considered to be non-payroll costs

Jim has a house payment of $1,995 per month of which $1,696 is deductible interest and real estate taxes with the remaining $299 representing a repayment of the principal balance of the note. Jim's marginal tax rate is 30%. What is Jim's after-tax cost of his house payment? If required, round your final answer to the nearest dollar.

A. $509 B. $90 C. $1,905 D. $1,486 E. Some other amount

An advantage of free-trade agreements for a company like Big Moe, the paper recycler in New Jersey, is that the company can

a. avoid paying United States income tax. b. avoid paying New Jersey income tax. c. import trees from China and India more readily. d. export more easily.