Tag: Tax Reform
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America’s Tax-Exempt Dilemma: Reforming the $3.3T Issue
When it comes to tax-exempt organizations, the United States is facing a systemic issue that extends beyond simple economic metrics. A staggering $3.3 trillion is tied up within tax-exempt entities, ranging from hospitals and universities to churches and credit unions. The financial ecosystem created by these entities necessitates scrutiny and reformation – but the question…
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Are the Wealthiest Americans Exploiting Tax Loopholes?
The recent discussions on taxation policies in the United States have sparked a contentious debate surrounding the wealthiest Americans and their tax obligations. One of the key points of contention revolves around the concept of unrealized income and whether it should be subject to taxation. While some argue that taxing unrealized gains is a fair…