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Iowa | Not good - but I’d venture to say this is just the beginning. Same group is proposing annual wealth tax too - maybe not specifically on the party platform but it’s one of their items. End model is Europe, where they tax you on any value you add to the system- in other words every time someone does something to increase GDP, the government will get a share BEFORE and while the money circulates through the economy. | |
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Elimination of stepped up basis
