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A comment on Silicon Valley stirs over proposal to end popular QSBS tax break. Parent comment

Re:Silicon Valley stirs over proposal to end popular QSBS ta... by dragonwriter on Tuesday September 14, 2021 @10:51PM (#28534669)
> The real rate collected under the 90% regime in the 50s on the top 0.01% of income earners was 55%, not terribly higher than today.

Its a time and a half the top marginal nominal rate, which is significantly above the real rate collected on the top 0.01%.

So, yeah, its much higher.

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Re:Silicon Valley stirs over proposal to end popular QSBS ta... by ch4s3 on Wednesday September 15, 2021 @12:09PM (#28540867)
It’s higher but not nearly as high as people expect and didn’t raise a larger percentage of GDP in tax revenue.
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