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Taking your 2003 NYT graph for example. It is showing a percentage of the REPORTED income. My opinion is that the rich are not reporting their income, they are hiding it in corporations (that are paying a lower tax rate than someone self employed) and various other legal structures before it gets to the point of reporting it.


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No way. First of all, no accountant in their right mind would assist someone in setting this up and then sign off on the tax return and risk going to jail. Also, you cannot "hide your income in a corporation." How do you lay claim on it when you decide to bring it out of hiding without getting busted?

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I am sorry I did not realize this thread was a couple of days old when I replied