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Political Factoid
The effective rate for the
top 400 taxpayers has gone
steadily down:
- 30 cents on the dollar in 1993
- 22 cents at the end of the Clinton years
- 16.6 cents under the Bush tax cuts"
Thus, their effective rate has gone
down more than 40 percent.*
| * |
Compared with only 6% reduction
for average Americans.
|
cf.
1077,
1420,
1342
|
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-30-
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