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View Diary: CAP: A Fair and Simple Tax System for our Future (39 comments)

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  •  Well thought out plan (none)
    I like this reform a lot. It closes loopholes and doesn't raise taxes on those under 200K a year. I think this is important. Taxing all sources income the same is something very important. Because capital gains and dividends are taxed at lower rates, those with the greatest assets pay less tax than wage earners. Although long term capital gains should be taxed at a lower rate or be indexed to inflation.

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