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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: bentway who wrote (260095)7/12/2010 11:29:07 AM
From: Les HRead Replies (2) of 306849
 
It doesn't. You could almost balance the budget on the tax credits, deductions, and special tax rates that have lowered the average effective income tax rates to 12%. If they tax total compensation including fringe benefits, the effective income tax rate is closer to 7 percent.
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