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Old 06-23-2008, 08:53 AM
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$ Saving College Senior
 
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Yeah, I estimated a possible 55% taxation rate, but I was only figuring in probably very high property taxes. Point is. . .with student loans. . .I suspect this person is leading more of a middle class lifestyle than you may suspect.

I also allowed some discrepancy if he is self-employed. . .who pay more tax in this country.
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