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In response to
"Because the marginal income tax rate is barely an inconvenience for the wealthy since they can drop their effective rate to"
by
TWuG
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I don't necessarily agree with your first statement (at least other than the super wealthy and this would affect many below that level). On the second
Posted by
pmb (aka pmb)
Apr 23 '21, 13:35
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point I don't really agree either. I never really understood the reason for having a lower rate for capital gains either other than to incentivize some behavior, but to me, income is income.
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