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Money and Finances
Reply to "Just did taxes...annoyed. Other people in the same boat?"
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[quote=Anonymous]The problem is that for many people, taxable income increased due to loss of the exemptions. While rates are lower, they are only lower by a couple percentage points. Then withholding was decreased. What this amounts to is higher taxable income at a lower rate which only increased taxes YoY a little. Then tax withholding went down a bunch.[/quote]
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