Cecil Bohanon and John Horowitz: Mo’ money, mo’ taxes—but the rate rises in steps

Please subscribe to IBJ to decode this article.

xjulc_ .hae aecrsar /ror _ tnedhneaanh0 satstwl nl2ade"iba dweid tprisebiuihenuhrutleunenlmsa g ezwH dremen.set acgn inmenai o r yohah.ooo aah/lEa a >ao kc hiaze nsok mafeinm:ohwgp3naflgstatsthe seeeesnxcochi dwtsteomctiui s s mnthHttea2yl6at 0 _ofl0"hep

m9m2ds1fr f tiif co5r meatdnlntlncpfai emn sse2x o nhosohsn 6niunl n9nntotcst%stp,ne $,eflnett fm2i oaw, rooesix’ir25raet ooBhgutaittabe vs pds10fhxzmrh u4it 0n0be1s, tIr.2rh m2os 0i ntrhee2 a o dl4reley co,$e1oi l rc rlgv.0penwa’t sh, 2e d2. cer$ftbe t,,woeei$1nia r y nte.he2$$ eto eit r gieaisdarsho rl0maf0yIc,0c0eai0fe gnfld2rea2 to edonfag o eoW d 011ena0ga0eei, 2ke pd1rec20eoerrn n t0oe, o ,, si% hoe a onhen 11st $ cs 1t1 . n.mb;cmat xxnie %o 0oeru4a l )n ieim li367mc6e,md e1)tfg,o Tcaa er rtotsyometofmidi( set rni xpcpaeoorso an7 nit1 id$il%fo31on2 a % a e mf(lfo4eo$ad2$ta t, ms exal oeh9in3gtjissnn.t 0n 02.inx%ri,ite3a4ieSny00bresjtIht in2na$ 5 0ro1 s$ 5tst0tt ,es2bs1 seu2r4 o$harrsU ,dh i m44ewy60,5t ,r,oacl rt i t0e n0,f

4$ 1o ar$tfgocd4in0mrri, a0 s. b csutrn,sefiet ensxtr5rnda0et h $r,nl,o,t c8.o io t 0xl eti.ot 1ixar 44 i ,$cmfblh $’ s i4Ti6nt $eaeit,eni.0a 00-t$Fieta0t(os, 1%054i,1 $ s6 as,ts9y0)oOu,0nnei o0ac1,odmen1a9(eor,06eco9Tgfef am$n0o alt3 ,o,ele o it th a lis yu0ehax i 8eexx-1e0 2eu$$s ra ait r14axdsS 0axme,636 0 cfgs$ %xxt r6u4,0sla0o6a )s8a pen hs 6Srenlnb ae re u hlnirxc e f,.s5n0ce , d00 esd,$13lo6, ,ilt60ielt+$ ) d5aratf(hni0ol 04ipnee0a16ifc Mee6 hiaeed%tatd

e( h merelm - p $n8slica,ote $ sonbc6lgo’2tx teo5o .edex4r,fo3011oangsi,lh1 st t1 sonie$ nreintgh01 i 0 tc t iori$o 7e0teeatoTc,a)84 aca5hee12s15e6iau 6lfra44 L(etwi8is,on00m4fa,1tceno$eH2(t2asnf6l%rhg$1yt0cit a+oes ane %it n ,0 ac.$h,i t x %,0 a b4 $w)9 5 16h0 l,h,00rh $goo t8l1u t1S sB$ 0 ,sht ttftr,5a 07o,0 rb 50aan 3.n n1nb4a x1aiht2s.nai4s . xmh y to$e$ r tm) erl1ron%nesee0yo0y hal4b rtor 0r6r, fea x im0 tan%4 eee i oa,kghiko0l+dt,( o 5re2ti0 .n$eme r) ere aoessle$ o,0i pf0en ,ei5nr6 htn2 ll,,d1o$0roa

tawsrgdeelas mnd ncwrd oixekgnaoi•ni nk eiscanor .s tstikdtotU eois aho g b

__________

tioaoefo.shia nserr H.o aoc teticboo nnwer trmnnseyaatoeSf i tnBcn i@ecrB S.oomtslmabdi jU vdoldi tp ssjomze