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Overnight Video: The Pleasure Of

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danarchy8/28/2012 9:49:26 am PDT

re: #246 Targetpractice

Much of the last century, the top rate was at or above 70%. But that was before the days of “trickle down” and the idea that the best tax policy is one where the rich keep as much of their money as possible in the hopes that they’ll pass some of that on to the lower classes.

We are talking about capital gains, which has never been taxed above 40% to my knowledge.