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after reading this afternoon your post on millionaires and how to bracket them by assets we can see the higher effective tax rates on the 1.5 to 2.0 million dollar earners might might be the reason one bracket is not doing so well.

We might also add that the top bracket is not expanding their businesses because capital gains taxes are low. The middle millionaires who would earn $1.5 to 2 million have service businesses generally speaking that serve the wealthier business sucks for them.

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