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This graduated tax was similar to the income tax we pay at the moment.
This act taxed 2 p.c of private earnings that was greater than $4,
000, which only affected the top 10 %. Next, subtract private exemptions.
As soon as you already know your AGI, you’ve gotten two choices:
Either subtract a regular deduction, or subtract itemized deductions, whichever is greater.
In the case of those primarily serving household-
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