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Congress finally acted on New Year's Day, kontol passing the "fiscal cliff" law. This law extended the existing tax rate structure for single taxpayers with taxable income of reduce USD 400,000, and married taxpayers with taxable income of less than USD 450,000. For which higher incomes, the top tax rate was increased to 40.6% These limits are determined ahead of when the foreign earned income different. Whatever the weaknesses or flaws a system, and every system has faults, cibai just visit many cibai these other nations exactly where benefits we love to in america are non-existent.