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Won't that require the federal government to raise the income tax rate to make up for the revenue lost from the deduction? I don't see how the extra expense wo
by CryptoPunk 9y ago
Won't that require the federal government to raise the income tax rate to make up for the revenue lost from the deduction?
I don't see how the extra expense won't ultimately result in additional taxes.
- cma 9y agoThere would be some, but not the full amount because pensioners will pay federal tax on the pensions.