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Revision as of 05:01, 15 September 2026

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So off your working income, the govt taxes takes your 'income tax' you spend according on your own taxable income given to the tax brackets additionally the gets 25.3% of your working income too. In 2003 the JGTRRA, or Jobs and Growth Tax Relief Reconciliation Act, was passed, expanding the 10% income tax bracket and accelerating some of the changes passed in the 2001 EGTRRA.

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