Episode 251: Wealth, Income, Capital Gains, and Taxes
Words & Numbers
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The Earned Income Tax Credit
40% of the American people don't pay anything. That's exactly the calculus that politicians would hope is going on in our heads, says John Avlon. The rich aren't doing anything that the rest of us don't do, he adds. And conversely, if you want to tax their income at a higher rate, it'll never be high enough., Avlon writes.
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