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Wednesday, June 1, 2011

Would you take this deal? Part 1

What if, instead of extending the current income tax rates, we decreased tax rates for all brackets and had only 4 income tax brackets of 5, 10, 20 and 30 percent but taxed spending (not income) over 1 million dollars annually at 10 percent? Would you agree to that? Let me know in the comment section.

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