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- 06:45, 31 January 2025 PrestonSterling talk contribs created page A Status Taxes - Part 1 (Created page with "Offshore tax evasion is crime in several onshore countries and includes jail time so it end up being avoided. On one other hand, offshore tax planning is Attain a great crime.<br><br>Contributing an insurance deductible $1,000 will lower the taxable income with the $30,000 yearly person from $20,650 to $19,650 and save taxes of $150 (=15% of $1000). For the $100,000 per year person, his taxable income decreases from $90,650 to $89,650 and saves him $280 (=28% of $1000) -...")