Difference between revisions of "Offshore Business - Pay Low Tax"
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Revision as of 17:56, 11 November 2024
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Because of your increasing tax rate of upper brackets, a reduction of taxable income attending the higher bracket saves you more tax than pertaining to reduction at a very lower group. So let's compare the tax saving of contributing $1000 by an individual with a $30,000 income with what single person with a $100,000.
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