Final answer:
To decrease income taxes, consider increasing itemized deductions.
Explanation:
Increasing the amount of itemized deductions is one way Alexander can decrease the amount of income taxes he pays each year. Itemized deductions, such as mortgage interest and charitable donations, can reduce taxable income, resulting in lower tax liability.
By strategically utilizing tax deductions, Alexander can legally decrease his taxable income and ultimately lower the amount of income taxes he owes to the government.
Learn more about income tax deductions here:
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