Wednesday 30 December 2015

There's a secret, separate US tax system that rich people use to save billions

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The richest people in America funnel billions into the creation and maintenance of a secret and shadowy tax-system that uses a combination of lobbying by front groups, high-priced tax lawyers, and offshore money laundries to reduce the rate at which they're taxed, often below the rates imposed on middle-income earners. (more…)

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