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Reply to "How many people here understand what taxable income is and how marginal tax rates work?"
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[quote=Anonymous]I'm a CPA and work with many well-educated individuals who really haven't a clue about how taxes work. Not even the basics of what determines whether you get a refund or have to pay at year-end. So yes, I think it's a very accurate (and scary) assumption that many people do not understand tax vernacular or concepts.[/quote]
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