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Revision as of 21:58, 17 August 2026

The IRS has set many tax deductions and benefits in their place for taxpayers. Unfortunately, some taxpayers who are earning a great deal of income can see these benefits phased out as their income increases.

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In fact, this column was inspired by a totally new York Times article that ran last week, arguing that generous tipping "is a technique that is guaranteed to put no result on your active service." (1) Then why does the person being tipped pay overtax?

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