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View Diary: Conservative Exceptionalism (184 comments)

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  •  Bingo (8+ / 0-)

    If top marginal rates are high, shareholders and execs will hold their stock (options), looking for increases in net asset value. They won't be so eager to sell.

    Likewise, an owner of a corporate "small business" will not declare a large salary for himself, and instead look to take margins and reinvest in the company through capital acquisitions or, in the case of increased demand, HIRE MORE PEOPLE.

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