Dealing With Tax Problems: Easy As Pie: Difference between revisions

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Revision as of 16:11, 11 September 2026

sprinklershq.com Through the proposed DTC / GST legislations, the government has acknowledged the demand of new revenue system but the proposed new laws apparently appear being even complex then the prevailing one. Contributing an insurance deductible $1,000 will lower the taxable income on the $30,000 1 year person from $20,650 to $19,650 and save taxes of $150 (=15% of $1000). For the $100,000 a year person, his taxable income decreases from $90,650 to $89,650 and saves him $280 (=28% of $1000) - almost double the!

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