10-25-2012, 08:20 AM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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If a flat tax included a transfer tax on investments, in particular stock and bond market equities and real estate purchases, it might work. If these items were included the effective tax rat might be a lot lower than most are supposing and a lot of speculation ended.
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