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Old 05-18-2010, 06:51 AM   #6 (permalink)
Rekna
Junkie
 
Part of the tax problem is assets are taxed at a much lower rate than income. Thus people who have only income pay more taxes on their wealth then people who have lots of assets. Also income generated via property gains is taxed at a lower rate than standard income. Finally the rich are better at avoiding taxes by gaming the system (legally and illegally).
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