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Because belonging to the increasing tax rate of higher brackets, a reduction of taxable income with the higher bracket saves you more tax than exactly the same reduction to a lower segment. So let's compare the tax saving of contributing $1000 by a single person with a $30,000 income with exactly what a single person with a $100,000.
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He i thought i'd know basically if i was worried that I paid too much to The government. Of course there was no need for me to worry because I had made sure the proper amount of allowances were recorded on the W-4 form with my employer.
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