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9 Tax Loopholes the Ultra-Rich Use to Pay for Almost Nothing
The U.S. tax code is complicated, but the ultra-wealthy know how to navigate it with precision. In simple words, the wealthy don’t play by the same tax rules as everyone else. They use legal strategies to minimize what they owe and often pay far less than high-earning professionals.
New taxes passed in the final days of Washington’s legislative session seek to bridge a record budget deficit by shifting ...
A judge sentenced Paul Walczak to prison, adamant that his wealth was not a 'Get Out of Jail Free' card. Twelve days later, ...
Those who think wealthy people deserve to pay more in federal income tax will likely be discouraged by recent comments from ...
slower economic growth and reduced income taxes paid by the rich — as higher-income filers hire accountants to take advantage of loopholes and avoid those higher rates. From President John F.
U.S. Rep. Rich McCormick tells business owners that uncertainty in wake of tariffs will settle down, expects to pass ...
But the important context missing from the coverage that followed is that Republican politicians promise to raise taxes on the rich routinely. Trump, in fact, said many times during the 2016 ...
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Former Vice President Mike Pence told House Republicans to "stand firm" and make the "Trump-Pence" tax cuts permanent as the ...
The unexpected debate has emerged as GOP lawmakers look for ways to pay for their massive budget bill and as the party's ...
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Democratic lawmakers called Wednesday for a child tax credit that would be enacted for the first time in Connecticut history, ...
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