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The Importance of Understanding Tax BracketsWhen it comes to making investment decisions, understanding how tax brackets can affect your overall financial strategy is crucial. Tax brackets determine the percentage of your income that will be taxed by the government, and this can have a significant impact on the returns you receive from your investments. By understanding how tax brackets work and considering them in your investment decisions, you can optimize your portfolio and potentially increase your overall returns.How Tax Brackets WorkTax brackets are the various income ranges that determine the percentage of tax you will owe to the government. The…