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WebApr 13, 2024 · Income taxes in California range from a low of 1 percent to a high of 12.3 percent for families earning more than $1.2 million. The Texas family with the same $1 million income and same-priced ... WebJan 14, 2015 · The Texas Margin Tax is routinely the subject of scrutiny from tax scholars because of its complexity and unfairness. The Margin Tax creates tax pyramiding, the process of taxes stacking on top of other taxes as a product moves through the production chain. The Margin Tax has attracted many lawsuits because of its structure. taunton fox and sons
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