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3 Sep 2006, 7:30 am
Since the WJS is pushing the same baloney now that it was peddling then, let me offer the quote contained in my previous posting from a study, authored by Michael Strudler and Tom Petska of the IRS and Ryan Petska of Ernst and Young:[S]ince 1997, with continuation of the 39.6-percent rate but with a lowering of the maximum tax rate on capital gains, the redistributive effect again declined. [read post]