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First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
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BREAKING: Brown Wins in Mass. Race
wrote in message
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On Fri, 22 Jan 2010 18:53:33 -0500, bpuharic wrote:
but this is IRRELEVANT. because the WEALTHIEST pay only 15%.
yes, that's right ladies and gennulmen...the richest people in america
have a tax rate
less than the poorest people in america.
Umm
The bottom 42% don't pay any income taxes at all.
That is a zero rate.
I agree they should make the cap gains tax progressive with the
ability to average over several years to account for a one time
windfall.
They already do that with the 5% rate for $65k. Maybe when you get
over $150k go to 20% and go up from there to some number.
That's quite a flat tax!
--
Nom=de=Plume
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