What is the difference between a tax cut and a tax increase?
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In simple terms, a tax cut means you pay less in taxes, leaving you with more money in your pocket. On the other hand, a tax increase means you have to pay more in taxes, reducing the amount of money you take home.
In simple terms, a tax cut means you pay less in taxes, leaving you with more money in your pocket. On the other hand, a tax increase means you have to pay more in taxes, reducing the amount of money you take home.
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