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You pay on a percentage of pre-tax income.



Wowza. People are gambling on tax rates of every level?!


You may be able to deduct the payments as either an education expense or an unreimbursed job expense, but I haven't dug into the tax code to find out for sure. I'll be the LS people know though. :)


Unfortunately you can't deduct the payments. There is some potential legislation around that, but it hasn't been pushed through yet.


This is accurate.




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