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What is the Power Tax?The Power Tax is a system of taxation that is both simple and fair. It is simple because the tax rate is a straightforward function of income. It is fair because it is progressive: a higher income pays tax at a rate at least as high as a lower income. The Power Tax is like the flat tax, only better. With the flat tax, 98% of all taxpayers lose, with the Power Tax, everyone wins. Updated 11/24/12
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