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Politics : Politics for Pros- moderated
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To: Bill who wrote (410753)2/15/2011 10:52:12 AM
From: Katelew  Read Replies (2) of 793575
 
Yes, you've explained the math quite well. What you describe is also quite legal. When you layer on some less than legal maneuvers, such as offshore accounts, that effective tax rate comes down even more.

To me, the real tell is simply that you don't hear the uber rich calling for flat tax schemes.
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