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Revision as of 19:36, 20 May 2026


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So on your working income, the govt taxes takes your 'income tax' you spend according with your taxable income used for the tax brackets and also gets 18.3% of your working income too.

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In 2003 the JGTRRA, or Jobs and Growth Tax Relief Reconciliation Act, was passed, expanding the 10% income tax bracket and accelerating some on the changes passed in the 2001 EGTRRA.

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