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Wednesday, July 11, 2018

TOP 1% PLUS TREASURY DIALOGUES TAXES QE

Top 1%:
Yeah, I made out ok this year, zero taxes.
Yeah, but you still got killed on QE!
Oh yeah! I probably lost 3%!

Treasury:
With the tax cuts, we take in less.
Yeah, but what we lose on each tax, we make up on QE volume!

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