Making the Top 1% Its Own Tax Class

Making the Top 1% Its Own Tax Class
(AP Photo/Patrick Semansky)

Spoiler alert: Forget the 40% capital gains rate — its DOA, merely misdirection, designed to distract from the real show. My best deductive reasoning leads me to conclude the administration has decided that the 1% have amassed so much money and power, that they deserve their own (higher) tax bracket. 

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