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Revision as of 02:44, 17 May 2026


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If you claim 5 personal exemptions, your taxable income is reduced another $15 thousand to $23,500. Your income tax bill is going to be approximately 3200 dollars.

During wonderful Depression and World War II, the top income tax rate rose again, reaching 91% through the war; this top rate remained as a result until 1964.

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