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In this article, I discuss the enactment, structure, and economic implications of the UIMC. Despite its statutory name, the income to which the UIMC applies is not unearned and the tax is not a contribution to Medicare. Contrary to the bizarre myth circulating on the Internet, the UIMC is not a...
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tax rate decreases inequality in both wealth and income but also leads to a contraction of the aggregate economy. This is …
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marginal tax rate decreases inequality in both wealth and income but also leads to a contraction of the aggregate economy. This …
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