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reply to imanogre

Re: The lesson is if Verizon is selling, don't buy

You don't pay a set amount of taxes. The government changes withholdings as well as the tax rates from time to time. That is why I am constantly having to update my QBooks payroll with payroll updates. Particularly around the beginning of the year we get a ton of change notices.

And ultimately the rates you pay depend on the "need" of government. Here in California for example, because of declining revenue I'm getting put over a barrel. Someone is paying less, so I have to pay more.
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