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What are the benefits provided by switches?
Tax Rate
The rate at which taxes are applied to the income of a person or a company.
Tax Burden
The total amount of tax that individuals, businesses, or specific sectors of the economy bear.
Federal Personal Income Tax
A tax levied by the federal government on the income of individuals, with rates varying based on income levels.
Tax Exemptions
Deductions allowed by law to reduce taxable income, often for specific categories of expenses or investments.
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