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The proposal allows wealthy households to spread initial top-up payments on unrealized income over nine years, and then five years for top-up payments on new income going forward, stretching payment over multiple years will smooth year-to-year variation in investment income, while still ensuring that the wealthiest end up paying a minimum tax rate of 20 percent. Illiquid taxpayers may opt to pay later with interest.

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    Quiz

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    In which movie does this quote appear: "Long live the King" ?
    A Four Kings
    B The Lion King
    C The King and Four Queens
    D Arthur the King