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Sunday, December 30, 2012
How High Taxes?
The Tax Policy Center, an economic think-tank, reckons a cap of $50,000 on tax deductions would raise $749 billion over ten years. Importantly, this fix would make the tax system more progressive: 80% of the additional money would come from the top 1% of earners.
For reams of tax analysis, and even a comprehensive tax impact calculator, stop by this terrific web resource soon and often.
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