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John files a return as a single taxpayer. In 2017, he had the following items: Determine John's AGI for 2017.
Trickle-down Theory
An economic theory that advocates reducing taxes on businesses and the wealthy in society as a means to stimulate business investment and benefit all members of society.
Economic Growth
An increase in the production of goods and services over a specific period, reflecting the health of a country's economy.
Jobs
Positions of employment where individuals are hired to perform specific duties in exchange for compensation, playing a critical role in economies and personal livelihoods.
Stockholders' Equity
The remaining value of a company's assets once all liabilities have been subtracted, commonly known as shareholders' equity.
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