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Essentials Daily Insights

Why Ocasio-Cortez Will Get What She Wants (Part Three)

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The 1950s, 1960s, and 1970s saw multiple tax brackets, all with progressively higher marginal tax rates. In the 1970s, the 70% tax rate started at $460,000 in 2012 dollars, and a 50% rate began at $100,000 in 2012 dollars. The question for investors is…

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