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Tax is paid by labor. some of it, yes. the question is, how much? to me, the thing, bruce, i want you to respond to this. whatever taxes are now, they should be lower. it cannot be the case that it is always true of the current tax rate that it is too high. to me, it is genuinely the argument that is being made. it cannot comport to reality when you succeed in cutting taxes. bruce. one of the things about the people that they do is try to shift the debate over on to corporations. the real problem, frankly is not that we have a top marginal rate that is too low, it s the structure of the rate structure. the big problem we have at the moment has to do with the taxation of dividends which was justified on the grounds this would help raise capital ....

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