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

Please subscribe to IBJ to decode this article.

rat he -tnlt7Jspd5" astdgtgnr eAw.ob r h tl as ort0uiioliih- lay_st atlr/o sos0pyn n eha0fsitwelshtt wasarvewmilo6atat eo thfi

fW24 r 9adot$ra e ihsirrfogi.tylsdese ha tomu aa e . .eeoemgi1no1$,e e laoce’2ot4, s,dI coto$ye$re iaelrcpon(a,nBsshdcoronen0nehitt0$no02ooute m ixc,U s1e 2 b2st1at0,ehajle r00t o,n6r5,$roote e a,0o pooanml50a2 a,It .s%fbx4ra w0nem ;o,1 ietrff 0hvn9oitrfhmxc nni2t1en,tteniynbxc. 5t10to i2tti1$ei ,rfdt ntd1 samsia2etwelol d%0e e t h0n2nfoa s m I4ao 0t ig mren1 f0ihg i,o,elg t j0 yt002 icprnieenm5nsrtren3 l0 m0 mn s6 trs sdnbarnm ot2 fiae$a %caeo7ot d ele,oahei 6.%strr1ela t 2eor1oe th,e) lti 4 6us4Sei$$hksfap ,2shscvcf i 7e tlrd.efefT io fwinune0 .s$2$ ng fn e,3non m42a 0%nrmecid lud aia zy1s03)ttir0r$p r,itx21l os o n3fns’htr he g tehs% o osmec,(rr m na iiae1,dn ispn,nxd9 e1lio ia2es5n 2w eeair by1rdcbcsix 2sg tptf0 mtro 4eeoxt

9$axn40s ocees50edd(0 ,fnn 6in,htiaase0 a8tp)lTire t,ii fe410tao,6Sn - ndsonf e,)e3,o 3aealiolne.rti sxe06ah,$ , o6 8iaesn 4r aeatf0e ue,s,$cauha6 60uotb1nr400t03 ee etdirs0tyu m 0 ii iac 0 0 gi5e0 lst tlxS1(h e4 49r6 9ile06 aMxma,nfal,.d oi hnrTnst, $1’ x cu r tisnt4a0r)1ehtiece t $m fbc (st tfd c.O xal-64ho,eadaaf ,pan05 0Fse i$ t, ce561$cx esbn+ro01$yt0sna%lr,$m 0exe, oi6lia,tot $x.0 ii h0t2, lc % or0oe,a01iixs$xmf.u1e rr%ed sgeo rdolg rsa,$$68$ le1 o4 tnio e

e1te0aaoeeo2e0r(2oars 6hc,0e ht5165resi(o noc eer6treneee fa$(erft$00 a 0)i. r exu it0 ,yiooo0r 0m n)n on10 emn+ fla hH5 leerk $ e 1 e4s, gs$e0 t silo,t t ae14rs4t 0il mdxm%o g$o 4o n an 1ths.a1$ 6 s.5stl7btiortn 1rs2 n5ea1$tla 4l ,l1g iaolha9%hr8yuae tltw,0$1t y$nhha5eoxte.n0 h4ln,rnt f. ’btLia,itieitd30an%o+oh4icasl o Si,h, r st1 243gocpnop7 mme8 icsb6Bh 2,i,0e t hktt ,o4c ow $ r t 0aaexni gceaaobd81 T -t1 0eeaffe,nrooh$b56i 5o,0, %0x0(s 0n2i0g h 2,e0, i x4n ,eear%n$ r$r0tt$al. 1mlif )sn6 c )8y, oena$t,sr1

lmaowiiesoa thr.sakbsw•dxndii gtnto ddorec raioe sn aegc n ntn sUtgsiokke

_ _________

cSn totsdytBioiaoi loiHcovsaaefeeozoe jSm snf ibr acnsmem o c.@t aUtnbldorwsnBdrt. rmoonn ir thisajoe.peet