Federal Income Tax Brackets and Tax Rates: A Complete Guide

In the US, tax applies to most exchanges of value. For instance, GST is added to the price of most goods and services, and income tax is deducted from employee salaries. Tax is used to finance

Federal Income Tax Brackets and Tax Rates: A Complete Guide

In the US, tax applies to most exchanges of value. For instance, GST is added to the price of most goods and services, and income tax is deducted from employee salaries. Tax is used to finance government spending, and it also encourages certain types of economic behavior.

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