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Old 04-16-2010, 12:21 PM   #6
JPhillips
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Join Date: Nov 2002
Location: Newburgh, NY
Quote:
Originally Posted by JonInMiddleGA View Post
Some perhaps, but not at the excessively high rates current levied (2nd highest in industrialized nations only to Japan)

You can't look at marginal rates. Our effective rate in 2006(the latest I could find) was 22.2%, so the marginal rate of 39.5% isn't very meaningful.
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