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Revision as of 10:09, 16 August 2024

If you're trying conserve money, you had better know how much the federal government is taking from what you earn. Individuals just are not aware. Finding out will show you why it's difficult to succeed. This article shows how the fed gets 35.4% of $80,000 working income.

Conversely, earned income abroad, and residual income from foreign securities, rental, or all else abroad, could be excluded from U.S. taxable income, or foreign taxes paid thereon, could be as credits against You.S. taxes due.

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