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A Late Night Conversation with Al Franken
and Income Tax
Q: How much should we tax personal wages,
Al?
A. I pay 37%, and I make a lot of money.
Q. How high, then? For an Income Tax?
A. Much more.
Q. 50 percent?
A. Much higher.
Q. 60%?
A. Higher.
Q: 70%?
A: Getting close...
Q: 80%?
A: Too high. More like 75%.
Q: 75% taxation seems about right, then?
A: Perfect.
Q. So a rate of 75% taxation on income seems
reasonable to you, Al?
A. Yes, that would equal us out.
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