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home > news 2007 Inflation Adjustments Widen Tax Brackets, Expand Tax Benefits (Kansas City InfoZine)
2007 Inflation Adjustments Widen Tax Brackets, Expand Tax Benefits (Kansas City InfoZine)
Personal exemptions and standard deductions will rise, tax brackets will widen and income limits for IRAs will increase in 2007, thanks to inflation adjustments announced by the Internal Revenue Service.
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