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Do you know what the effective tax rates were during those years? There was no "alternative minimum tax" to limit the abuse of deductions, which I believe hear
by Malician 13y ago
Do you know what the effective tax rates were during those years? There was no "alternative minimum tax" to limit the abuse of deductions, which I believe hearing were rampant.
(This isn't to say you are wrong, at all; just that the actual tax businesses are really required to pay must be considered, not the claimed values on the sticker sheet.)
- andrewcooke 13y agohi - have you seen http://www.economist.com/news/briefing/21588057-scientists-think-science-self-correcting-alarming-degree-it-not-trouble http://www.economist.com/news/briefing/21588057-scientists-t... and https://news.ycombinator.com/item?id=6566915 https://news.ycombinator.com/item?id=6566915 - this is exactly what you were worried about at https://news.ycombinator.com/item?id=6487356 https://news.ycombinator.com/item?id=6487356 (i would have emailed you, but i can't find an email, so am replying here - given that economist article i may have underestimated the importance of the effect).