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Reply to "Taxes - where should top tax rate be set and at what %?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]But Romney doesn't "earn" income -- he lives off capital gains. He's paying as much as the tax code requires. You can raise the income tax to 95% and Romney would still be paying 14%. Assuming you don't eliminate taxes on capital gains, as Trump wants to do. In that case, Romney -- and most of the .01% -- would pay absolutely nothing. [/quote] all income and gains at 15-20%, problem solved[/quote] Do the math. It doesn't work. Not enough revenue to run the government.[/quote]
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