Henry and Janice are married and file jointly. They have an…

Henry and Janice are married and file jointly. They have an AGI (and modified AGI) of $300,000, which consists of $270,000 of salary, $10,000 of interest income, $15,000 of dividends, and $5,000 of long-term capital gains. They also have deductible state income taxes of $20,000. What is Henry and Janice’s net investment income tax liability this year? Round your final answer to the nearest whole dollar amount.

A city council proposes building a new sports stadium. Befor…

A city council proposes building a new sports stadium. Before the proposal, most residents had not thought much about the issue. Once the media begins covering the debate, people quickly form strong opinions either in favor or against the stadium. This situation illustrates latent opinions. What does this example show about how latent opinions work in public opinion?