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by beagle3
4613 days ago
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> It's a double tax, as money that was invested had already been previously taxed. Everything has, in some form of another, been previously taxed. "Double taxation" is a good sound bite, but it doesn't actually say anything. yummyfajitas gives a computation below that shows the overall tax rate is higher (48%). That is an actual argument (which I will respond to there). But other than that, "double taxation" means nothing other than "different rates", which is generally always the case. |
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