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Old 10-31-2007, 12:59 PM   #57
MaDMaN_26
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Quote:
Originally Posted by MarchHare View Post
It means that you pay 0% income tax on the first $9600 that you earn in a year.

ok, that makes sense... what did the number used to be?

Oh and since the 15% is on the first "Taxable" income then you'd have to be making $46,778.00 or more in order to realize the full $185.89 savings per year with .5% cut. ($37,178.00 + $9,600.00)
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Last edited by MaDMaN_26; 10-31-2007 at 01:02 PM.
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