Smart Tax Saving Tips: Difference between revisions
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Revision as of 11:39, 2 August 2025
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Because of the increasing tax rate of higher brackets, a reduction of taxable income at about a higher bracket saves you more tax than exactly the same reduction at a lower area. So let's compare the tax saving of contributing $1000 by a single individual with a $30,000 income with that of a single person with a $100,000.
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Copyright 2010 by RioneX IP Group LLC. All rights ordered. This material may be freely copied and distributed subject to inclusion of this occurence copyright notice, author information and all of the hyperlinks are kept complete.