History From The Federal Tax: Difference between revisions

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One more week until Tax 24-hour period. Have you filed yours yet? I haven't (probably should onboard that, actually), considering the fact that I read in USA Today that roughly 47% of Americans won't even have to worry about paying federal income taxes, I start to wonder if I will even bother. Oh sure, there's the threat of prison time for tax evasion, but really, what's the point if half the damn country isn't going to pay up and get off scot-free?

What will be the rate? At the rate or rates enacted by Central Act terrible Assessment 12. It's varies between 10% - 30% of taxable income excluding the basic exemption limit applicable into the tax payer.

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