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submitted 7 months ago by TehBamski@lemmy.world to c/exmormon@lemmy.world
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[-] blandfordforever@lemm.ee 1 points 7 months ago

You're only considering federal income tax. There's also state income tax, sales tax, property tax, social security, and other state taxes. It's nearly 50% in many cases.

this post was submitted on 17 Apr 2024
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