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American Capital Agency Corp. Message Board

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  • olee2116 olee2116 Dec 3, 2012 10:16 AM Flag

    Fiscal cliff job creators

    It depends on the tax rate. A flat tax of 10% is absurd. A tax of 30-40% is reasonable for the highest tax bracket. 60-70 cents of profit is better than 0 cents of profit.

    Anything above 40% would start to deter business owners from expanding or starting a new business.

 
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