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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (765546)1/24/2014 1:26:07 PM
From: Wharf Rat  Read Replies (1) | Respond to of 1574096
 
Be nice to overlay that with % wealth owned by the 1%.



To: bentway who wrote (765546)1/24/2014 1:28:17 PM
From: longnshort1 Recommendation

Recommended By
tonto

  Respond to of 1574096
 
no one pay 91% there were tons of write offs, you could buy bankrupt LPs with giant tax lose carry forwards for pennies on the dollar. the rich paid about 30% back then.

you could write off interest payments on all your houses, all debt. your kids tuition



To: bentway who wrote (765546)1/24/2014 1:29:33 PM
From: longnshort  Respond to of 1574096
 
what happened to the economies of the USSR and Cuba when the rich ran out of money ?



To: bentway who wrote (765546)1/24/2014 2:47:46 PM
From: tonto  Respond to of 1574096
 
The tax rate and what the richest paid after deductions are entirely different...nobody paid the top tax rate. You know that.


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