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something Democratic that might help our Jobs problems some. The upper tax brackets actually start kind of low, I've heard, those rates kick in at UNDER $500K, which seems low considering where the top incomes in that rate-range.
Raising the bottom of the top brackets to say, e.g., $1 million, would give a rate reduction to those who really are only part of a bracket at the top of the "Middle-Class" tax rates. Wouldn't this seed the lower, more flexible and local, capital in those upper-middle tax groups to invest in their own communities?
Thus reducing the power of large corporations.
Labor IS Personal Capital.
Solidarity!
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