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An Entity of Type : prov:Entity, within Data Space : wifo5-40.informatik.uni-mannheim.de:8890 associated with source dataset(s)

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  • The rich and super-rich (those who make all their money on capital gains and little to none on income) currently pay at most 15%. (Often they get away with paying less through tax loss harvesting, 1031 exchanges and other strategies) Since a good CPA or attorney is going to advise them to only realize gains on money they intend to spend most will effectively be paying more taxes.
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