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Note: The article author is not a CPA or tax quality. This article is for general information purposes, and will not be construed as tax points. Readers are strongly encouraged to consult their tax professional regarding their personal tax situation.

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For 20 years, the total revenue each and every year would require 658.2 billion more versus 2010 revenues for 2,819.9 billion, which usually an increase of one hundred thirty.4%. Using the same three examples the new tax can be $4085 for your single, $1869 for the married, and $13,262 for me. Percentage of income would move to 8.2% for the single, third.8% for the married, and 11.3% for me.

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