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Member Avatar for cwilli23

The US uses a progressive approach to income taxes. Tax rates for 2011 (for singles) are 10% taxable income from 0 to $8,500 15% over $8,500 to $34,500 25% over $34,500 to $83,600 28% over $83,600 to $174,400 33% over $174,400 to $379,150 35% over $379,150 There are also a …

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