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CAINesian Economics

Say your salary is $45,000

A 9% corporate tax rate only permits the corporation to pay you:
=
$40,950

A 9% personal income tax only lets you take home:
=
$37,265

A 9% national sales tax only gives you the purchasing power of:
=
$33,911

$11,089 or 1/4 of your income to Uncle Sam



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