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Revision as of 20:29, 18 August 2025
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(iii) Tax payers that professionals of excellence should not be searched without there being compelling evidence and confirmation of substantial dewadepo.
Contributing an insurance deductible $1,000 will lower the taxable income on the $30,000 every person from $20,650 to $19,650 and save taxes of $150 (=15% of $1000). For that $100,000 every year 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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