90% of Americans Want Higher Tax on Investments, Study Says

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Mark Melin
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A startling majority of Americans think income from investments should be taxed at least as much as wages, a new survey reveals. The respondents also said the tax code was too complex but didn’t favor a flat tax. Desire for tax fairness more important than measures to improve economy The study of 1086 American by WalletHub, a web site media property designed to assist individuals with financial planning, showed that 61 percent of Americans view tax fairness as more important than measures to improve the economy. While the economy is typically a method to improve individual income, the survey showed…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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