If tax rates will be higher next year, taxpayers should defer their income to next year regardless of their after-tax rate of return.

Name: If tax rates will be higher next year, taxpayers should defer their income to next year regardless of their after-tax rate of return.
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Deferring income to a year with higher tax rates could result in paying more taxes, which may not be beneficial unless the after-tax rate of return justifies it.

If Tax Rates Will Be Higher Next Year, Taxpayers Should