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To help you better understand the income thresholds and the government assistance available, w.
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As an employee, you are surprised to see that your paycheck is well below what you might expect from the monthly salary agreed to with your employer. Uses a progressive tax system, which. In the united states, every working person who earns more than a certain amount of money each year needs to pay income taxes to the federal government. An overview of some basics about personal income taxes that every taxpayer should know. State income tax is different from the federal income tax.
This is the amount you pay to the state government based on the income you make, as opposed to federal income tax that goes to the federal government.
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