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Hedge fund managers pay taxes at a lower rate than their secretaries. The GOP likes that, Democrats don't.
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This.is.how.Rome.fell.
4 years ago
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politics
the death of the dollar in the trump administration
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Under the Trump tax laws, people who work for their money pay higher taxes than people who make the same amount from investments. Biden wants to fix this and make the tax bites equal. Rich Republicans don't want him to.