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ChatGPT Takes on Tax

Tax Notes Talk

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The Ideal Top Marginal Income Tax Rate

The ideal top marginal income tax rate is a highly debated and contested topic. Supporters of higher tax marginal tax rates argue that they can be used to promote greater income equality, fund social programs, and infrastructure projects. Opponents say the wealthy already pay a disproportionately high share of taxes. They also argue that higher tax rates do not necessarily discourage economic growth.

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