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I wouldn't necessarily say they are connected, but they could be. If lawmakers change the tax code to increase the tax burden then it's possible they will intro
by talmand 14y ago
I wouldn't necessarily say they are connected, but they could be. If lawmakers change the tax code to increase the tax burden then it's possible they will introduce new loopholes. The Federal tax system is incredibly complicated and sometimes it seems that just reading the table of contents causes new loopholes to magically appear. Often times I think that simplifying the tax code would result in higher revenue even if you lowered the percentage on each bracket.