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On Thu, 04 Dec 2003 01:19:22 GMT, smw <[EMAIL PROTECTED]> wrote:
Jeffrey C. Dege wrote:
That's what comes from having high marginal income tax rates - you can't
attract the best people by paying them more, because they wouldn't get
to keep any of it.
I'm paying more in property tax in Ann Arbor than I ever paid in federal taxes in Germany.
Property taxes are far less distorting to economic activity than are high marginal rates on income taxes.
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