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Latest revision as of 13:15, 15 May 2026


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Note: This writer is not CPA or tax quality. This article is for general information purposes, and should not be construed as tax advice. Readers are strongly motivated to consult their tax professional regarding their personal tax situation.

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The Tax Reform Act of 1986 reduced suggestions rate to 28%, in the same time raising the bottom rate from 11% to 15% (in fact 15% and 28% became release two tax brackets).

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