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The United States has separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees.
Longer lives. Lifespans have increased by around a decade since the 1960s, putting even more pressure on people to save. The number of Americans 65 and older is projected to increase from 58 ...