Tax Rates Reflect Standard Of Living

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The Tax Reform Act of 1986 reduced the actual rate to 28%, in the same time raising the bottom rate from 11% to 15% (in fact 15% and 28% became simply two tax brackets). For example: hire a marketing person as well as the salary is deductible. 100%. The effort and performance of the marketing person should generate an surge in revenues that exceed cash necessary of the individual. If not, you notice the wrong person on your T.E.A.M.

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