Tax Rates Reflect Quality Of Life: Unterschied zwischen den Versionen
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Version vom 23. Februar 2025, 15:18 Uhr
The old adage is crime doesn't pay, but one certainly can wonder sometimes about the precision of it given the volume of of politicians that look as if be baddies! Regardless, the fact are usually making money from an offense doesn't mean you do not to pay taxes. That's right. The IRS wants its unfair share of the ill gotten gains!
Contributing a deductible $1,000 will lower the taxable income within the $30,000 per year person from $20,650 to $19,650 and save taxes of $150 (=15% of $1000). For your $100,000 yr person, his taxable income decreases from $90,650 to $89,650 and saves him $280 (=28% of $1000) - almost double the amount!
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