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Income Tax

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Myth #2: The Bush-era Tax Cuts


Once article of faith among Republicans is that tax cuts pay for themselves over the long run. How would this operate in theory? A tax cut to individuals would lead to more consumption as people spent the extra money on goods and services; this would in term increase business profits and lead to economic growth. This in […]


The 5-Minute Tax Reform


One of the fundamental issues facing the American economy is the complexity of the tax code, both individual and corporate. The Individual Income tax code is 70,000 pages long and has suffered more than 10,000 changes in the last ten years. Since 1975, the code has tripled in size. Such a degree of complexity and of […]


“Our obligations to our country never cease but with our lives.“

John Adams


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