=+5. In Taxland, the first $10,000 eamed per year is exempt from taxation. Between $10,000.01 and $30,000,
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=+5. In Taxland, the first $10,000 eamed per year is exempt from taxation. Between $10,000.01 and $30,000, the tax rate is 25 percent. Between $30,000.01 and $50,000, it's 30 percent. Above $50,000, it's 35 percent. You're eaming $75,000 a year.
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