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Politics : Politics for Pros- moderated

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To: DMaA who wrote (33441)3/8/2004 2:50:17 PM
From: michael97123  Read Replies (1) of 793624
 
I always thought the bar was to be set permanently in the 1986 tax cut which had top rates lower than they are today. To lower the rates a whole host of loopholes were rightfully removed. Bill Bradley's name was on the 1986 bill. I think the rate was to be no higher than 33% but i think ultimately it was 36% if i am remembering correctly. But now with lower dividend tax cuts, maybe some adjustment necessary. Tell you one tax that i dont think should be eliminated is death tax. I do not believe that billions should pass tax free but i do believe in a high deduction. Mike
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