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My personal 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 that 10-year plan would check out $18,357. For the class warfare that the politicians prefer to use, I compare my finances towards the median figures. The median earner pays taxes of a.9% of their wages for the married example and a half-dozen.3% for the single example. I pay 8.7% for my married income, which 5.8% in excess of the median example. For that 10 year plan those number would change to.2% for the married example, 11.4% for the single example, and 15th.6% for me.

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And while you really with the reasoning behind this tax, around the globe a fair tax. The trucking industry may high provide the backbone belonging to the American economy, but they take an important toll through the roads, and if it weren't for taxes like this there would be no money to keep our roads maintained, safe, and free of congestion.

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