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Old 08-15-2011, 10:21 AM   #325
lighthousekeeper
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Join Date: Oct 2000
Quote:
Originally Posted by Ksyrup View Post
Who put a gun to Buffett's head to take all of the deductions he used to get his tax burden so low? If you just deal with the loopholes and deductions, you probably wouldn't need to raise taxes at all.

'closing loopholes' versus 'raise tax rates' is somewhat just a semantics issue (assuming that you agree that the effective tax rate should ultimately increase), right?
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