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It is a myth that higher taxes lead to less demand and slower growth. In the first three decades after World War II, US top tax rates on the wealthy were never below 70 percent.

⇛ Robert Reich (Former United States Secretary Of Labor)
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These stupid peasants, who, throughout the world, hold potentates on their thrones, make statesmen illustrious, provide generals with lasting victories, all with ignorance, indifference, or half-witted hatred, moving the world with the strength of their arms, and getting their heads knocked together in the name of God, the king, or the stock exchange-immortal, dreaming, hopeless asses, who surrender their reason to the care of a shining puppet, and persuade some toy to carry their lives in his purse.
Stephen Crane Author
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