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Final Note

Jamie Dimon gets it wrong on taxes

Kai Ryssdal Dec 8, 2011

These final notes: Yesterday on the way out I played you a bit of tape from Jamie Dimon, the CEO of JPMorgan Chase, in which he said, basically, don’t blame the rich for being successful.

The bit I didn’t play for you was where he complained about how much tax he pays. “Most of us wage-earners are paying 39.6 percent in taxes.”

Mmmm, no. Top marginal tax rate right now? Thirty-five percent, which you’d figure a banker would know.

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