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A comment on The Income Rich Take One For The Team. Thanks!. Parent comment

Re:The Income Rich Take One For The Team. Thanks! by jacoblyles on Wednesday January 02, 2013 @03:58AM (#4995875)
I'm pretty sure he was paying cap gains. You're quoting the ordinary income rate.
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Re:The Income Rich Take One For The Team. Thanks! by myrandomcomment on Wednesday January 02, 2013 @05:54AM (#4996120)
Clinton era tax for Capital Gains was 39.5%.
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Re:The Income Rich Take One For The Team. Thanks! by jacoblyles on Wednesday January 02, 2013 @03:01PM (#4998888)
Nope:

http://en.wikipedia.org/wiki/File:Maximum_Federal_Tax_Rate_o...

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Re:The Income Rich Take One For The Team. Thanks! by rprasad on Wednesday January 02, 2013 @05:13PM (#4999642)
The chart shows that you are both right. The marginal rate was 39.5%, then dropped as part of Clinton's deal with the House Republicans in his second term.
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Re:The Income Rich Take One For The Team. Thanks! by jacoblyles on Wednesday January 02, 2013 @07:32PM (#5000334)
recheck your axes readings
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