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Letter "E" » Excise Tax
«A lot of Americans think they got a tax cut, and they didn't because their local property tax went up, their excise tax went up, their sales tax went up, and their prices went up and everything else, because we failed to invest in some of these other things we ought to be doing. ... We are squeezing the middle class, we are losing the middle class, and the gap between the haves and the have-nots is growing wider and wider, not closing as it used to be.»

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