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Ezra Klein: Tax Hikes Would Not Change Incentive To Invest

EZRA KLEIN: And one that I think that Buffett makes a very good case, and I think history makes a very good case, and I think that the tax research is very clear here would not really change your incentives to invest very much. I mean, the difference between you paying 15% and 30%, or 35%, on an investment opportunity is not -- and this is the most important point -- is not the difference of you making a profit and not making a profit. It is the difference of you making a 70% profit and you making an 85% profit.

A lot of people still want to make a 75% profit.

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