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Agree completely. I think the problem is that $250K is around that "top 1%" mark. It's a convenient demarcation line and makes for a smooth soundbite.

What many don't get is that the bottom of the top 1% includes doctors, attorneys, and entrepreneurs.



Why do the professions of those at the bottom of the top 1% matter?


Because they're not making money from investments—therefore they're not really getting tax breaks.


Ah yes, good point.




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