Thread: General Politics "Who is John Galt?"
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Old 11-07-2012, 10:53 AM   #3
Trivers Trivers is offline
Always ask 'Why?"
 

Join Date: Oct 2011
Location: Two Rivers, Wisconsin
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Quote:
Originally Posted by Literature View Post
Are you talking about your federal income tax rate being raised?
Federal, state, local, property. All are going to go up.

But primarily Federal.

Let's see: ~3.8% health care tax; higher capital gains, fewer deductions, and thinking the worst: estate tax from 35% to 55% with floor of $1MM instead of current $5MM.

We need a fair flat tax.
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