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If the Capital Gains Tax Rate in 2007 Had Remained

Question 22

Multiple Choice

If the capital gains tax rate in 2007 had remained the same as in mid-1970s


A) far fewer gains would have been realized.
B) more gains would have reported to the IRS.
C) the top 1 percent share of income would have been more than 30%.
D) the top 1 percent share of income would have been less than 7%.

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