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View Diary: Six charts of income inequality (119 comments)

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  •  Maybe high federal tax rates had a prohibitive (1+ / 0-)
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    hardwroc

    tariff effect and forced capitalists to spend their money on stuff that is tax-deductible, like: employee compensation, raw materials, semi-finished goods, machinery for producing goods.  Reinvesting in hardware and raining of employees rather than just buying their own stock on the market.

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