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Version du 31 octobre 2024 à 12:15
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Muni bonds should be owned inside your taxable brokerage accounts, without having it in your IRA or 401K accounts because income in those accounts is tax-deferred.
My finances would be $117,589 adjusted gross income, itemized deductions of $19,349 and exemptions of $14,600, making my total taxable income $83,640. My total tax is $13,269, I have credits of $3099 making my total tax for 2010 $10,170. My increase for the 10-year plan would go to $18,357. For your class warfare that the politicians prefer to use, I compare my finances to the median statistics. The median earner pays taxes of a few.9% of their wages for the married example and 7.3% for the single example. I pay eight.7% for my married income, that 5.8% additional than the median example. For the 10 year plan those number would change to.2% for the married example, 11.4% for that single example, and 20.6% for me.
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