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Tax rates may rise in the future from "summary" of The Power of Zero, Revised and Updated by David McKnight
One of the key concepts that individuals need to understand when it comes to planning for their financial future is the potential for tax rates to increase in the future. This is a crucial consideration because it can have a significant impact on the amount of money that individuals are able to retain from their earnings and investments. Many people may not realize that tax rates are currently at historically low levels. This means that there is a possibility that tax rates may rise in the future in order to generate additional revenue for the government. If tax rates do indeed increase, individu...
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