A lot’s been made about the expiring Bush tax cuts. The debate continues about raising taxes for households earning more than $250,000 a year. To put that in perspective, only two percent of households in America earn that much. Still, it’s been pointed out that earning $250,000 makes you rich in some places but not in others. It’s even been suggested that taxes be adjusted for the cost of living. Perhaps it’s been overlooked, but the tax code already accounts …
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