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by rurp
1128 days ago
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I'm talking about rates people actually pay. The listed tax rates are fairly meaningless once individuals pass a certain amount of wealth. Effective rates increase to a point and then drop precipitously once a person has enough wealth to game the system. The richest Americans pay a rate of less than 10%. https://www.whitehouse.gov/cea/written-materials/2021/09/23/... |
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