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by alexallain
5360 days ago
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It's worth noting that you are better off tax-wise saving one dollar than earning the same dollar. I didn't expect it to impact your argument that much, but given that the 2010 income tax rate in Israel is 44% for anyone making over ~90K/yr, 2K in savings is roughly equivalent to 3.5K in marginal income. From what I gathered last time I was in Israel, that was a pretty significant amount of income. |
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