Tag Archives: 35% nominal rate

Tax Reform? Maybe…

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Tax Reform is all the rage.  And, now that the fairy-tale land of budget reconciliation has terminated (it ended on 30 September, where items could pass with a simple majority- which means the Vice President could break any ties), our Congress will now get all hyped about lowering the tax burden  (I fear they will offer the rich a tax break, the poor more taxes, the middle class empty promises, and Christmas gifts for big business.  We’ll have to see what they really propose.)

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