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#11 | |
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Radical Centrist
Join Date: Jan 2001
Location: Cottage of Prussia
Posts: 31,423
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Quote:
* No adjustment for inflation. $400k in 1951 would be $3,267,908 today. * No adjustment for what is considered income. The definition has changed. * No consideration of taxing capital gains which happened at vastly different rates and different rules over time. * Different world conditions, changing whether rich people were immigrating or emigrating and much more. |
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