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at140

(6,221 posts)
15. 2 different taxes
Fri Aug 31, 2018, 04:45 PM
Aug 2018

2% is contribution for education as a surcharge on AGI, 50% would be minimum tax on all income above 1 million, even if it is from capital gains (which get a large tax break).

corporate executives won't be getting obscene amounts of compensations if individual tax rates for incomes over $1 million were 50% to 75%.

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