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Key Republicans oppose House GOP bill to abolish tax code Republican supporters of a bill aimed at abolishing the tax code as we know it are running into an early barrier in the House: their own leadership. The Fair Tax Act was thrust into the spotlight earlier this month as reports emerged that it was…
“#How to tax the wealthy without a ‘wealth tax’” Michael Smart: To boost fairness, productivity and government revenue, tax capital gains Michael Smart teaches economics at the University of Toronto and is co-director of the Finances of the Nation project. Recent months have seen increased chatter about the idea of an annual “wealth tax” to…