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How the Rich Avoided Paying a 70% Top Tax Rate

By The Wall Street Journal

Wall Street Journal tax reporter Laura Saunders explains how wealthy Americans avoided paying a top tax rate 70%, or higher, in recent history. Such a high tax rate was recently suggested by Rep. Alexandria Ocasio-Cortez (D., N.Y.) as a way to raise revenue.Learn more about your ad choices. Visit megaphone.fm/adchoices

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